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How do I withdraw my HTB ISA?
jmre22
Posts: 22 Forumite
I’m closing in on the purchase of a house as a FTB and have a completion date of 15th December. I am using a HTB ISA with Barclays to pay my deposit. How do I go about closing this account? I keep seeing contradictions online.
So far I’ve gathered that I need to call Barclays and get a closing statement showing the full deposit in the account, then the account gets closed, then the money gets transferred to my current account, then I get another HTB statement showing £0. Then how do I claim my bonus and who do I send the deposit to?
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Your solicitor needs the paperwork the bank give you, and they claim the bonus. You don't see the bonus money as such, it just gets added to the balance your solicitor holds for the purchase.0
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I recently closed mine to buy somewhere. I actually went into the bank. Ask to close it and for the closing statement to be sent to you. Then you give that to your solicitor and they apply for the bonus.
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Was yours with Barclays? So I go in the bank ask to close it and ask for a closing statement? What happens to the money in the isa after I close it?jak said:I recently closed mine to buy somewhere. I actually went into the bank. Ask to close it and for the closing statement to be sent to you. Then you give that to your solicitor and they apply for the bonus.
JAK x0 -
I went into the bank too - thought there was less risk of error if I could speak to someone! This was Halifax. They gave me all the paperwork there and then, which I then gave to my solicitor. The money in the ISA got moved to a general easy access savings account I already had with Halifax, which I then transferred to my solicitor for exchange.0
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