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Lisa bonus first home purchase

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seasider02
seasider02 Posts: 9 Forumite
Part of the Furniture First Post Combo Breaker
edited 1 April 2024 at 9:23AM in ISAs & tax-free savings
Sorry if answered before but can't seem to find answer. If the full £4k put into a Lisa on new tax year i.e. 7th April will the full bonus of £1k get added say within 2 months or will I have to wait a full year to get all of the bonus. Planning to buy first home within that same tax year so the Lisa will be closed via buying a first home - would I keep the £1k bonus even though the Lisa closed in that year. Hope that makes sense. Thanks for replies in advance.  Oh should also have mentioned I have had Lisa opened over a year but only ever paid on a monthly basis before. 

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  • CrickJon
    CrickJon Posts: 81 Forumite
    Second Anniversary 10 Posts Name Dropper
    edited 1 April 2024 at 10:27AM
    My son has a Moneybox LISA and puts £4k in immediately every new tax year. Pretty sure he gets the £1k bonus within weeks.

    As far as keeping it goes, I would say yes because you've maxed out. I don't know that bit for sure though.
  • Thanks for that 👍 that's answered about getting the bonus straight away. 👍
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