We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
About Help to Buy ISA: Partner not first time buyer
alex132
Posts: 51 Forumite
I am planning to purchase a house as I have Help to Buy ISA with Barclays, I am first time buyer and does not own any property in UK.
My partner own a flat in UK, and he had used his Help to Buy ISA last year.
If both of us buy a house with both name, can I use my Helpt o Buy ISA bonus from government as I am first time buyer, but my partnet is not?
Thanks.
My partner own a flat in UK, and he had used his Help to Buy ISA last year.
If both of us buy a house with both name, can I use my Helpt o Buy ISA bonus from government as I am first time buyer, but my partnet is not?
Thanks.
0
Comments
-
Assuming the property fulfils the requirements of the scheme then you can use help to buy ISA.
You won't be eligible for other FTB benefits (e.g. stamp duty relief) - in fact you will have to pay the additional rate as partner already owns a home.0 -
Thanks for your message.grumiofoundation said:Assuming the property fulfils the requirements of the scheme then you can use help to buy ISA.
You won't be eligible for other FTB benefits (e.g. stamp duty relief) - in fact you will have to pay the additional rate as partner already owns a home.
My partner does not have Help to Buy ISA anymore, as she had used it in her first flat.
Can you clarify what you mean by "I have to pay the additional rate?"
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 349.8K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.7K Work, Benefits & Business
- 619.5K Mortgages, Homes & Bills
- 176.3K Life & Family
- 255.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards