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Help to Buy ISA transfer issue
SomeGuy2000
Posts: 13 Forumite
I decided to transfer my Help to Buy ISA to a normal Cash ISA due to lack of any hope of getting a home any time soon or far.
I told the new bank to transfer the full amount. The transfer went through but the full amount was not transferred. £1400 was left behind still in the HtoB ISA. Occurred to me this morning that, that £1400 was the initial deposit put in there.
Is there a reason the initial amount can't be moved or is it just some odd admin error?
Is there a reason the initial amount can't be moved or is it just some odd admin error?
0
Comments
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The maximum first month amount was £1,200, not £1,400, i.e. the normal £200 monthly amount, augmented by the one-off £1,000 that could be contributed on opening.
Anyway, that's essentially a side issue - if you requested a full transfer but didn't get one then you need to take it up with the new provider.0
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