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LISA rules

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If someone has never owned a property but has had a shared ownership in an apartment (now sold) would they still be a first time buyer and be able to open a LISA account?
Thank you.

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  • eskbanker
    eskbanker Posts: 37,326 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Having a shared ownership is still owning a stake in a property, and therefore disqualifies first time buyer status.
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