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Help to Buy ISA
Martin1804
Posts: 1 Newbie
Hi,
First ever post!!!!
I have a help to buy ISA myself and my partner is looking to open one, we are both first time buyers.
I am currently paying the £200 per month into my Help to buy ISA plus some more into a regular saver but anything i save above that is going into a savings accounts which doesn't pay much interest. My partner wouldn't be able to pay in £200 per month
My question is, would it be ok for me to transfer any excess savings, once i have maxed out my monthly contributions to my ISA & regular saver, to my partner for her to put into her help to buy ISA?
Thanks
Martin
First ever post!!!!
I have a help to buy ISA myself and my partner is looking to open one, we are both first time buyers.
I am currently paying the £200 per month into my Help to buy ISA plus some more into a regular saver but anything i save above that is going into a savings accounts which doesn't pay much interest. My partner wouldn't be able to pay in £200 per month
My question is, would it be ok for me to transfer any excess savings, once i have maxed out my monthly contributions to my ISA & regular saver, to my partner for her to put into her help to buy ISA?
Thanks
Martin
0
Comments
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You can as long as you are aware of the consequences if you were to separate- she would get to keep the moneyI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
Are you under 40? A LISA would seem more use to you than a HTB ISA if you have excess money?0
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