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Building house using lifetime ISA
lauraanne05
Posts: 1 Newbie
Hoping someone can help please, anyone know if you can use your life time Isa for a self build mortgage to build a house?
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Comments
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Generally speaking yes provided the mortgage includes the land purchase,
"You can use the Lifetime ISA to buy land for a self-build property as long as the purchase meets all the other criteria for property purchase through the scheme.
Speak to your solicitor or conveyancer if you’re not sure whether the property you are purchasing is within the price limit of the Lifetime ISA and if you can use your government bonus."
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