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Using a LISA
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dizzle1334
Posts: 2 Newbie
Hi all,
I have a LISA i've been saving in for a fair few years now and have recently moved into my girlfriends house that she has a mortgage on.
Does anyone know if my LISA can be used to buy into her house when she goes through a remortgage or anything similar i could use my LISA on?
Thank you
I have a LISA i've been saving in for a fair few years now and have recently moved into my girlfriends house that she has a mortgage on.
Does anyone know if my LISA can be used to buy into her house when she goes through a remortgage or anything similar i could use my LISA on?
Thank you
0
Comments
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If you were to formally buy into the property, i.e. not just the mortgage but the title deeds, etc, via a properly-conveyanced transaction, then this should qualify as your first property purchase and eligible for LISA support if compliant with the scheme rules on property valuation, etc.1
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