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Lifetime Isa fees for over 450K property
PoppyVale
Posts: 20 Forumite
Hi all, I wonder if anyone could kindly shed some light for me. We're first time buyers and have some of our deposit saved in Lifetime ISA. It is my understanding that we can only use our isa deposit only for properties below 450K otherwise we get charge and loose certain bonuses.
We've seen a property of 500K that we really love. Does anyone have an idea of what kind of fees we are looking at here?
Many thanks in advance.
We've seen a property of 500K that we really love. Does anyone have an idea of what kind of fees we are looking at here?
Many thanks in advance.
0
Comments
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It’s a percentage (25%, I think) of the amount you withdraw0
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https://lifetimeisa.campaign.gov.uk/ should have all the information you need.
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Thank you both very much.0
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