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Using LISA when porting onto a mortgage
SJ93
Posts: 1 Newbie
I've been putting money into a LISA for a deposit for my first home, I intended to buy my own property in a few years once i had saved up enough. Fast forward... I'm now living with my partner who already has their own property, we are looking to port me onto the mortgage within the next month. Would i be able to use my LISA as a deposit or would i have to take it out with the withdrawal penalty?
Any help would be greatly received!
Any help would be greatly received!
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Comments
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@sj93 The government guidance suggests that it is possible. This thread might help
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