LISA to Cash ISA

money_focussed_10

I spent the last few years maxing out my Lifetime Isa (and a H2B before that). I'm now in the very fortunate position that my husband (who I didn't know when I opened the LISA) earns quite a lot of money and the properties we've been looking at far exceed the LISA limit of £450,000.
There's no way of avoiding the 25% withdrawal charge, I know this. However, my interest rate on the LISA is 3.55%.
I have a cash ISA which is 4.62%. Is it worth me pulling the money out and putting it into a cash ISA with the aim of it clawing back some of the lost interest before we buy a house?

What would others do? I don't want to leave my LISA to retirement as I want to contribute to the property. 
If I take the money out of the LISA can I still keep it open and contribute to it as I'm under 40 so I then have money to fall back on at retirement or will I have missed the boat?

Thank you.

eskbanker

You can leave the LISA open after withdrawing the money, even if you have to leave a token penny or pound in there to keep it open, but if you're under 40 you could open another one anyway - chances are that you'll have been using a cash LISA for property-related saving, but a S&S one will generally be more appropriate for retirement funding.