LISA help

doodlepop

Not sure if i meet the criteria. When my father died, my name was put on the house deed (Labd Registry) along with my mother, I assume to protect my inheritance. With my full agreement, my name was removed after a number of years. I have never had a mortgage in my name but have obvisouly had my name against a property. Do I qualify? Any help/advice, would be much appreciated.

eskbanker

Sounds like you legally owned a share of the property and therefore wouldn't qualify to make a penalty-free withdrawal from a LISA until after you're 60, i.e. you wouldn't qualify as a first-time buyer but can still use a LISA in its other guise as a long-term retirement planning facility.

doodlepop

Many thanks eskbanker