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Skipton Lifetime ISA Withdrawal

LegalCashier
LegalCashier Posts: 42 Forumite
Fifth Anniversary 10 Posts
in House buying, renting & selling
Hi all,

We are hoping to complete on our first home first half of June but have just found out our solicitor hasn’t sent the paperwork to Skipton to withdraw our ISAs. Skipton says the withdrawal will take up to 30 days from receiving the paperwork.

Has anyone withdrawn their LISA to purchase a home - what were your timeliness?

Thanks,
L

Comments

  • cjv
    cjv Posts: 513 Forumite
    Third Anniversary 100 Posts Name Dropper Newshound!
    As soon as Skipton receive your declarations you can call them and ask them if they can speed up the process if you need the funds sooner, I have done this, twice.

    On the declaration you will of entered an exchange/completion date, if Skipton are not informed otherwise they will release the funds close to this date.
  • diggingdude
    diggingdude Posts: 2,483 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Skipton took about a week for me in March once they had the paperwork. Worth the odd call to check how it's going, not sure it speeded things along but made me feel like I had some make believe control of the situation. Best of luck
    An answer isn't spam just because you don't like it......
  • LegalCashier
    LegalCashier Posts: 42 Forumite
    Fifth Anniversary 10 Posts
    Thank you - Solicitor has sent the declaration today so fingers crossed we will have the funds before the 10th June
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