We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Lifetime ISA
Hardisty92
Posts: 11 Forumite
Hi,
I am looking at buying a house in the next 8-12 months. My wife opened a LISA in April and we've been filling it up, i opened one in August to get the clock ticking and to fill up once the first one is full.
My question is if we were to buy a house in say June mine wouldn't have been open 12 months? I saw on the MSE webpage on them it says you can transfer them into another. does this mean I would be able to transfer my LISA into my wifes account which will have been open 12+ months?
I am looking at buying a house in the next 8-12 months. My wife opened a LISA in April and we've been filling it up, i opened one in August to get the clock ticking and to fill up once the first one is full.
My question is if we were to buy a house in say June mine wouldn't have been open 12 months? I saw on the MSE webpage on them it says you can transfer them into another. does this mean I would be able to transfer my LISA into my wifes account which will have been open 12+ months?
0
Comments
-
No, the transfers they're referring to are between accounts held by the same individual - you can't transfer ISAs from one person to another, other than by withdrawing and paying in, which would obviously be self-defeating here even if there was enough spare allowance.Hardisty92 wrote: »My question is if we were to buy a house in say June mine wouldn't have been open 12 months? I saw on the MSE webpage on them it says you can transfer them into another. does this mean I would be able to transfer my LISA into my wifes account which will have been open 12+ months?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards