We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Lifetime ISA 12 month question

A few years ago, I opened a Skipton LISA. Last year, around March, I opened a Beehive LISA and transferred my Skipton balance in to that around May 2022.
It's possible I may need those funds to buy a house in the near future. So I'm just wondering when the 12 month rule actually applies.

On Skipton's site, they do specifically mention that transfers in to their accounts doesn't reset the clock, and the rule applies from the original account opening.
On Beehive's site/app they state that the clock starts from account opening. They do not specifically mention transfers, that I could see, so it's unclear as to what the rule is there.
According to the article on this site, it seems the 12 month clock only applies when I opened the Skipton account.

It seems it's the case that the 12 month rule only applies from time of opening the Skipton account, but I'd like to be sure. And yes, I have contacted Beehive. Still awaiting an answer, hence this post looking for clarity. I don't know if LISAs have a blanket rule for this, or if providers have their own.


  • binaryuniverse
    Beehive have gotten back to me and confirmed that I can access that deposit now. There was no 12 month clock reset.
  • masonic
    masonic Posts: 23,676 Forumite
    Photogenic Name Dropper First Post First Anniversary
    FWIW, it is a blanket rule that the clock isn't reset upon transfer, but good you got a quick answer from Beehive.
Meet your Ambassadors


  • All Categories
  • 344.3K Banking & Borrowing
  • 250.5K Reduce Debt & Boost Income
  • 450.2K Spending & Discounts
  • 236.4K Work, Benefits & Business
  • 609.9K Mortgages, Homes & Bills
  • 173.6K Life & Family
  • 249.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards