{"id":94541,"date":"2018-07-24T13:28:40","date_gmt":"2018-07-24T06:28:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-use-my-lifetime-isa-to-pay-for-legal-and-survey-fees-for-my-flat\/"},"modified":"2018-07-24T14:03:16","modified_gmt":"2018-07-24T07:03:16","slug":"can-i-use-my-lifetime-isa-to-pay-for-legal-and-survey-fees-for-my-flat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-use-my-lifetime-isa-to-pay-for-legal-and-survey-fees-for-my-flat\/","title":{"rendered":"Can I use my lifetime Isa to pay for legal and survey fees for my flat?"},"content":{"rendered":"


\nI am unsure whether I will lose the bonus by withdrawing funds from it Q I\u2019m a first-time buyer in the process of buying a flat with a value of \u00a3130,000. I have \u00a313,750 in a lifetime Isa, \u00a33,000 of which is part of this tax year\u2019s allowance (\u00a3750 being the government bonus).I cannot find any information relating to what I can withdraw the funds for, beyond use as a deposit. My question is \u2013 can the amount in the Isa solely be used for the deposit payment, or can I also use it for legal and survey fees during the purchase without forgoing any of the bonus? Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can I use my lifetime Isa to pay for legal and survey fees for my flat?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I am unsure whether I will lose the bonus by withdrawing funds from it Q...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-94541","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-oAR","jetpack-related-posts":[{"id":97290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-works-only-for-those-most-able-to-save\/","url_meta":{"origin":94541,"position":0},"title":"Lifetime Isa works only for those most able to save","date":"September 5, 2018","format":false,"excerpt":"\r A \u00a31,000 annual bonus is nothing when the average deposit for a London house is \u00a395,000\r \r Source : ft.com\r Read more...Lifetime Isa works only for those most able to save","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8240,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-what-is-it-and-how-does-it-work\/","url_meta":{"origin":94541,"position":1},"title":"Lifetime Isa: what is it and how does it work?","date":"March 16, 2016","format":false,"excerpt":"\r This savings account will help young people save for a home or for their retirement, with the government adding a bonus of up to \u00a31,000 every yearThe chancellor\u2019s budget included the announcement of a lifetime Isa to help young people save for their first home or retirement.What is a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mis-buying-warning-over-lifetime-isa\/","url_meta":{"origin":94541,"position":2},"title":"'Mis-buying' warning over lifetime Isa","date":"November 14, 2016","format":false,"excerpt":"\r Former pensions minister Steve Webb questions suitability of the new government-backed Isa which comes with high exit penaltiesA new type of savings account aimed at under-40s and available from next spring could result in a \u201cmis-buying\u201d scandal, a former government minister has claimed.The lifetime Isa (pdf), unveiled by George\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-a-help-to-buy-isa-surplus-be-put-towards-solicitors-fees\/","url_meta":{"origin":94541,"position":3},"title":"Can a help-to-buy Isa surplus be put towards solicitors\u2019 fees?","date":"September 6, 2021","format":false,"excerpt":"\r My son has made an offer on a property and is unsure whether to pay another \u00a3200 into the account Q My son has saved \u00a35,200 in a help-to-buy Isa and has put in an offer for a property with a purchase price of \u00a3126,200. The government bonus of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-boyfriend-owns-a-caravan-can-he-still-use-a-lifetime-isa-to-buy-a-home\/","url_meta":{"origin":94541,"position":4},"title":"My boyfriend owns a caravan \u2013 can he still use a lifetime Isa to buy a home?","date":"June 4, 2018","format":false,"excerpt":"\r The caravan is non-residential so I am wondering if he qualifies as a first-time buyerQ My boyfriend and I are thinking of buying a house in the future. I have therefore opened a lifetime Isa so I can benefit from the first-time buyer bonus that comes with it. My\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isas-greeted-with-mixed-opinions\/","url_meta":{"origin":94541,"position":5},"title":"Lifetime Isas greeted with mixed opinions","date":"March 20, 2016","format":false,"excerpt":"\r Experts fire warning that traditional pension savings shouldn\u2019t be passed overThe lifetime Isa announced in last week\u2019s budget has split opinion among pension experts, with some warning it could force young people to work until they drop, but others hailing it as a \u201cno-brainer\u201d for younger workers.The accounts are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94541"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=94541"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}