edited 26 January at 2:06PM in Savings & investments
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Barbara230Barbara230 Forumite
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edited 26 January at 2:06PM in Savings & investments
Can you advise on what happens if two people both with LISA's get together to buy their first property in joint names?  Is the £450k limit still applicable on the property.  Can both use their LISA accounts on the same property?


  • eskbankereskbanker Forumite
    25.3K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If both are first-time buyers then yes, they can both use their LISAs towards the same property, but it does need to be valued at no more than £450K, otherwise a 25% withdrawal penalty would be applied.
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