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LIFE TIME ISA HELP
georgiakitchen17
Posts: 1 Newbie
Hiya, I’m looking to set up a lifetime isa as wanting to purchase a home in the near future with my partner. In order to use the ISA for our house deposit do we both have to have a separate ISA or can just one of us have the ISA & save in the same account. Thanks
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Comments
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You can save up to £4K per LISA per tax year - if you want to save more than that then you'll need two accounts, but otherwise you can use one if you wish.
Re purchase 'in the near future', remember that you can only withdraw penalty-free from a LISA from a year after opening it.0
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