Help to Buy ISA

Shajidnoor

Hello, I’m planning to open a Help to buy ISA with my current bank (Santander). The only question is I have is that if I open the account with my current bank, am I able to get a mortgage with a different bank and still use the bonus and money from my current bank or am I stuck with my current bank and I have to get a mortgage with them

Exodi

You don't need to get a mortgage with the same bank (I'd imagine the vast majority of people don't!).

Make sure you shop around when you to do decide to start looking at mortgages. Lloyds (my bank) was hot on the phone to me to setup mortgage appointments when I started building funds but their rates weren't even close to competitive at the time.

Shajidnoor

Thanks you!

Benjonezy92_2

Hi everyone,

I called Halifax yesterday to check the status of my H2B ISA and was worryingly told that I had to buy my first property by December 2019 (marking 4 years since I opened the account) to receive the 25% bonus. Surely this isn't true?! Anyone...?

Thanks in advance
Ben

eskbanker

Benjonezy92 wrote: »

Hi everyone,

I called Halifax yesterday to check the status of my H2B ISA and was worryingly told that I had to buy my first property by December 2019 (marking 4 years since I opened the account) to receive the 25% bonus. Surely this isn't true?! Anyone...?

Thanks in advance
Ben

Duplicate post, answered at https://forums.moneysavingexpert.com/discussion/6009656/paying-into-a-lisa-and-h2b-isa