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Can I use my help to buy ISA to buy land or to buy a static caravan?
bethquinton17
Posts: 1 Newbie
Hi, I have a help to buy isa with NatWest and have plans for the future to buy a static caravan to live in and land to put this on alongside other things in relation to my business. Would I be able to use my help to buy isa in relation to this?
0
Comments
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The HTB ISA scheme rules require that the purchase is of an Eligible Interest in Land, but the fuller definition insists that such land "comprises a building that is used or suitable for use as a dwelling, or is in the process of being constructed or adapted for such use", so neither the land itself nor a temporary structure placed on it would satisfy that.1
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