She would like to open a lisa but we’re aware that she can only put £4k into a year, so just want to check the. The lisa funds can only be used towards the purchase of the house. Hi, my daughter has just turned 18 and has £9,700 in her ctf.
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Either as deposit or completion.
Using it as a pension fund.
The cash lisa opened before age 40 attracts 25% bonus till age 50. You can not pay the solicitors fees (or stamp duty, new sofa etc) with. Switched my cash lisa from moneybox to tembo last year, have just initiated another 2 isa switches from trading212 and another moneybox isa to them.