Lisa vs Help to buy

Marti.tinka · 25 March 2019 at 12:15AM

Hi everyone.
I know this is an ongoing topic but here we go.

I have had help to buy Isa since July 2017 and I'm wondering if Lisa would be better.
At this point, I'm not sure what to do.
Can I open Lisa, move money there for this tax year a and then again after 6th April?

How would it work with help to buy?
Can I pay into both at the same time?

Please help. Thank you

eskbanker · 25 March 2019 at 1:01AM

Marti.tinka wrote: »

Can I open Lisa, move money there for this tax year a and then again after 6th April?

You can put up to £4K per tax year into a LISA, whether that's new money from outside ISAs or a transfer from other ISAs such as HTB.

Marti.tinka wrote: »

How would it work with help to buy?
Can I pay into both at the same time?

You can pay into both but can only use the 25% bonus from one or the other (not both) towards a first-time property purchase.

https://www.moneysavingexpert.com/savings/lifetime-isas/#property-6

aj23_2 · 25 March 2019 at 8:12PM

Literally so many post this exact post every week.

Can't any of you read the MSE guides or even the identical threads created on here week on week?

Lisa vs Help to buy

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