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Over 40, can I trasnfer my help to buy ISA to a lifetime ISA

I see that the goverment has restricted opening a new Lifetimpe ISA to the under 40's. But I already have a Help-to buy Isa - opened before I was 40. Can I transfer my Help to Buy Isa into a Lifetime Isa even though I'm now 40? If I can't, will the goverment keep the scheme going?

Comments

  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    No.

    The HTB ISA will be available for new accounts until 30 November 2019. You can continue making additional contributions until 30 November 2029, and you must apply for the bonus before 1 December 2030.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    I see that the goverment has restricted opening a new Lifetimpe ISA to the under 40's. But I already have a Help-to buy Isa - opened before I was 40. Can I transfer my Help to Buy Isa into a Lifetime Isa even though I'm now 40? If I can't, will the goverment keep the scheme going?

    In order to transfer something, you first need to open the target account.
  • HTB ISA over 40?! when do you hope to get a mortgage when your 60!
  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    HTB ISA over 40?! when do you hope to get a mortgage when your 60!
    "you're" ;)
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