Overview:
We believe first-time buyers deserve better. So when you save and buy with Tembo, you’ll be rewarded for doing the whole journey with us.
When you buy your first home using your Tembo Cash Lifetime ISA and get your mortgage through Tembo Mortgages, we’ll give you a 1% bonus on the LISA funds you use towards your purchase.
Example: if you make a home purchase of £450,000 and used £40,000 from your Tembo Cash Lifetime ISA towards it, you'll get a £400 bonus. The 1% bonus is not on the value of the property.
Your bonus will be paid into your nominated bank account after completion.
1. When will I receive the 1% bonus?
Our home purchase team will be in touch with you after completion to collect your bank account details. The bonus will be paid into this account within 30 days of completing all the steps.
2. Do I have to claim the offer?
Yes – you must claim the offer by 30 September 2025 to be eligible for the bonus.
3. Is there a cap on the bonus amount?
No – there’s no cap. The bonus is 1% of the total Lifetime ISA funds you use towards your home purchase, regardless of the amount.
4. What if I’ve already started saving in a Tembo LISA?
Great – you’re already part way there. Just make sure to claim the offer by the deadline and complete the remaining steps.
5. Can I get the bonus if I already bought my home?
No – this offer is only for first-time buyers who complete their home purchase after claiming the offer.
6. What happens if I don’t get my mortgage through Tembo?
You won’t be eligible for the bonus. This offer is a reward for doing the full journey (saving and buying) with Tembo.
7. Can I buy with a partner – do we both get the bonus?
Yes – if you both have a Tembo Cash Lifetime ISA and get your mortgage through Tembo, you’ll each receive a separate 1% bonus based on your individual LISA contributions used towards the deposit. Each bonus will be paid into your nominated bank account provided to us at mortgage completion.
8. What if I’ve already got a mortgage offer through Tembo?
If you already have a mortgage offer in progress through Tembo, you’re not eligible for this promotion.
9. What happens if I transfer to another provider or withdraw all my Lifetime ISA - do I still get the bonus?
No - If you leave Tembo, close or transfer out your Lifetime ISA you will forfeit the bonus.
10. Where can I read the full terms & conditions?
You can find the full T&Cs here