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Lifetime ISA withdrawal times
Myci85
Posts: 580 Forumite
Hello,
Our property purchase has all of a sudden gone from feeling like we'd never make it, to vendors being ready to complete. Our deposit is in a LISA with Paragon, and the info suggests it can take up to 30 days for funds to be released once they receive forms from solicitor.
Does anyone have any recent experience of actual time frames, and even more so with Paragon? I'm also wondering if the 30 days they quote is 30 working days or 30 calendar days....
Thanks for any help!
Our property purchase has all of a sudden gone from feeling like we'd never make it, to vendors being ready to complete. Our deposit is in a LISA with Paragon, and the info suggests it can take up to 30 days for funds to be released once they receive forms from solicitor.
Does anyone have any recent experience of actual time frames, and even more so with Paragon? I'm also wondering if the 30 days they quote is 30 working days or 30 calendar days....
Thanks for any help!
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ISAs & tax-free savings — MoneySavingExpert Forum
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Updating in case anyone else has the same question in the future.
Our solicitor requested LISA funds from Paragon on Monday, on Weds we received an email from Paragon that the form she had filled in didn't match the information on my form (she'd ticked to close account, I'd ticked to keep it open) so she resent the form weds evening, and this morning I've had an email saying the funds will be released to our solicitor today. Quite impressed, that's just over 2 working days for them to process and pay out the funds.0
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