Any banks that accept H2B Isa transfer in? 31 August 2022 at 1:54PM in ISAs & tax-free savings 4 replies 161 views

plumvino_22

After a series of failed attempts to buy a property (all of which were over the London max price to benefit from the bonus anyway, meh) I want to move my Help to Buy Isa to a normal easy access/flexible Cash ISA.

Can anyone name a few banks?
I cannot find any that will accept Help to Buy transfer ins.

Thanks

eskbanker

Any institution accepting transfers into a cash ISA ought to allow transfers from HTBs (which are just a subset of cash ISAs) - which ones have you drawn a blank from?

plumvino_22

eskbanker said:

Any institution accepting transfers into a cash ISA ought to allow transfers from HTBs (which are just a subset of cash ISAs) - which ones have you drawn a blank from?

That makes sense, thanks for that.

On moneyfacts.co.uk (one of those price comparison websites) all the cash ISA providers listed have a X next to "Transfers In - Help to Buy ISAs". The details seemed up to date, but they might have chosen no to that entry as standard or without checking.
I'll look directly on each bank website instead.

I'm considering Skipton or Paragon atm.

autumnbaby

I’ve just transferred my Nationwide HTB Isa to Skipton Isa and had no issues 

tunde10

I wish i knew this a few months ago.

I no longer needed the H2B ISA as my LISA balance had more than £16k in it and i don't know when or if i will purchase within the limit.

I just transferred the £12k to the bank account as ISA savings interest rate were significantly lower than normal rates.

Now ISA interests rates are 3% for 1 yr and i have £65k Cash Savings not in an ISA meaning i will have to pay tax unless i sell some Stocks & Shares ISA's and transfer!