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LISA and Shared Ownership

Hello!

First of all - I'm only starting to use this forum and I've already found plenty of great discussions - I've learned a lot!

I've tried to do some digging here, but I've failed to find answer to my question - if I've misted it, please point me in proper direction. Any help would be appreciated!

My question is about using LISA with Shared Ownership - as described in the LISA webpage (either bank offering it or government), it can be used towards property valued £450,000 and less. Is is applicable for the total value, or only the value of share I'm planning to take?

Again, thank you for your help!

Comments

  • I think I remember on the LISA thread over on the ISA forum that someone mentions full value of the property.
  • Thank you - I'll try to look up the mentioned thread then.

    Just as a matter of curiosity - is hose price negotiable with HA at all? The price of houses available are £475,000-500,000 so quite close to the maximum required by LISA. Would house price negotiation something we could consider in our situation?
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