The Help To Buy ISA Explained

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The Help to Buy ISA scheme is now closed for new account holders

Existing holders can still save into their account until November 2029. The Help to Buy ISA is a UK government sponsored product which aims to help people who want to save for a house.

Lifetime ISAs are an alternative scheme to support first time buyers and come with a Government bonus.

Learn more about Lifetime ISAs

How to transfer a Help to Buy ISA to a Lifetime ISA

Although you can have both a Help to Buy ISA and a Lifetime ISA at the same time, you could consider transferring a Help to Buy ISA to a Lifetime ISA (LISA) although you will only get the bonus on one of them when you buy your first home.

However, you can only transfer up to £4,000 – your annual LISA limit – in every year. Money you’ve already paid into your LISA is counted toward this limit. For example, if you had already saved £1,500 in your LISA then you can only transfer in £2,500 from your Help to buy ISA.

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Help To Buy ISAs

The Help to Buy ISA scheme is now closed for new account holders

How to transfer a Help to Buy ISA to a Lifetime ISA

Other ISA types

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