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Help with transferring cash ISA when have HTB ISA
lewi6079
Posts: 4 Newbie
Hi,
I currently pay into a help to buy ISA each month that I opened in the 2016/17 tax year. I also have a cash ISA that was opened prior to the HTB ISA that I am not contributing to and have not done so this year.
Am I able to transfer my existing cash ISA to a different product this year whilst contributing to the HTB ISA?
Thanks for any advice offered!
Andy
I currently pay into a help to buy ISA each month that I opened in the 2016/17 tax year. I also have a cash ISA that was opened prior to the HTB ISA that I am not contributing to and have not done so this year.
Am I able to transfer my existing cash ISA to a different product this year whilst contributing to the HTB ISA?
Thanks for any advice offered!
Andy
0
Comments
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The short answer is yes, but have you considered a Lifetime ISA (that allows higher contributions than a HTB)? How much do you have in each account and when are you likely to be buying?0
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Within the next couple of months so I don't think the LISA would be available for us?0
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Yeah a LISA wouldn't work for you as it needs to be open 12 months before you can use it to buy a property.0
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