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Can I use a Lifetime ISA to buy with someone else?
Can I use a Lifetime ISA to buy with someone else?
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Written by Polly
Updated over 7 months ago

Yes, you can.

If you and your partner both have Lifetime ISAs with us, you can put them both towards a qualifying joint house purchase. You'll both be able to get 25% bonuses towards buying that first home together, so that's a maximum £2,000 bonus each tax year! Your solicitor/conveyancer will factor this into your house purchase and we'll liaise with them to ensure the safe withdrawal of these funds so you can complete the sale.

Alternatively, you may be eligible for a Lifetime ISA, but your partner isn't: for example, if they have owned a home before. Don't worry, if your partner isn't a first-time buyer, or isn't eligible to use a Lifetime ISA, it doesn't impact your eligibility.

Please note that with all types of house purchase - joint or solo - the maximum house purchase price of £450,000 still applies. This maximum purchase price does not double in the case of a joint purchase.


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