Lifetime ISA and H2B ISA

mourning · 13 November 2017 at 2:22PM

Hi,

I know if two people have lifetime ISA's they can use them together, likewise with two people both with H2B's.

What if one person has a lifetime ISA and one person has a help 2 buy?

Can they be used together?

Thanks in advance

:money:

badger09 · 13 November 2017 at 2:45PM

mourning wrote: »

Hi,

I know if two people have lifetime ISA's they can use them together, likewise with two people both with H2B's.

What if one person has a lifetime ISA and one person has a help 2 buy?

Can they be used together?

Thanks in advance :money:

If you mean can they both use their respective ISAs to jointly buy a property, then, yes they can. As long as they are both first time buyers and the property meets the max price criteria.

mourning · 13 November 2017 at 2:47PM

Thanks Badger

:money:

kezzygirl · 30 November 2017 at 8:26PM

I didn't think you could use one each? Whenever I have asked I have been told no?

Alexland · 1 December 2017 at 7:34PM

Each qualifying individual purchasing property can use either account but not both. Obviously your solicitor would need to do the leg work on each account which could slightly increased your conveyancing costs.