For solicitors

Can Lifetime ISAs be used towards a joint property purchase?

Yes! However, please note that HMRC’s limit on the property value (£450,000) remains the same and does not double in the case of a joint purchase.

If both parties are Moneybox Lifetime ISA customers, we’ll process their withdrawals separately, and so would need them to contact us individually to begin the withdrawal process.

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It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

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The 2025/26 tax year has begun - your ISA allowances have now reset!Learn more