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!
Complex Help to Buy ISA question!
mcg_2
Posts: 25 Forumite
HI all,
Apologies if this is in the wrong thread.
My daughter has a Help To Buy ISA and she is buying a property with her boyfriend. The property has already been bought via an auction as her boyfriends father gave him the funds to buy outright (there as a time limit to buy the house) until they arranged a joint mortgage. They have been advised by mortgage advisors that as the house is in my daughters boyfriends name that she wouldn't be able to use her Help to Buy and bonus as it would be classed as a remortgage?
Is this correct and is there a way for her to be able to get to use her Help to Buy bonus from her ISA?
Apologies if this is in the wrong thread.
My daughter has a Help To Buy ISA and she is buying a property with her boyfriend. The property has already been bought via an auction as her boyfriends father gave him the funds to buy outright (there as a time limit to buy the house) until they arranged a joint mortgage. They have been advised by mortgage advisors that as the house is in my daughters boyfriends name that she wouldn't be able to use her Help to Buy and bonus as it would be classed as a remortgage?
Is this correct and is there a way for her to be able to get to use her Help to Buy bonus from her ISA?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards