What a month! During March the end of the tax year countdown was on and it was great to see so many of you take advantage of your ISA allowances. 🙌 We saw a record month for deposits and a record number of new customers joining the Moneybox community. This means there are now over 600,000 people saving and investing for their future with Moneybox. 🎉

Check out our updates from the past month…

 

Updates 📝

Moneybox Mortgage Advice 

 


Have you heard the news? We’re so excited to be launching our new in-app service –
Moneybox Mortgage Advice, helping you to find the mortgage that’s right for you. 

After a successful beta trial, we’re pleased to be rolling out mortgage advice to the rest of the Moneybox community over the coming weeks. Soon you’ll get access to free, impartial mortgage advice from our team of experienced mortgage advisers, and be able to complete your application from start to finish all within your Moneybox app. 🙌 Whether you’re buying your first home, next home or remortgaging, we’re ready to help you find the right mortgage for you. 

Keep an eye on your inbox over the next few weeks for your invitation to Moneybox Mortgage Advice. 🔑🏠

Moneybox Mortgage Advice is provided by Moneybox Mortgages Ltd.

 

Top locations for first-time buyers


Over the 2020-21 tax year, we saw almost 5,000 people purchase their first home with savings from a Moneybox Lifetime ISA. The top spot for our first-time buyers was… 🥁 Bristol! Can you guess from our map which other locations made the top spots?
Check them out here

Thanks to the 25% Lifetime ISA government bonus, we also paid out over £112 million in bonuses to our LISA customers last tax year! 💰 We can’t wait to help more of you work towards your deposit goal and get the keys to your first home. 

 

Learn more about our Lifetime ISA

 

In the news 🗞

 

Behind the scenes 🎬  


Go behind the scenes at Moneybox and meet Kasey with
Part three of our Career Growth Series. From pension transfers to investment operations, Kasey tells us about his experience making an internal move at Moneybox.

 

Interested in joining team Moneybox? Check out our Careers page for our open positions. 

 

For Moneybox Mortgage Advice, please note your home could be repossessed if you do not keep up repayments on your mortgage. All investing should be regarded as longer term (at least 5 years). 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 is subject to change. 

For the Lifetime ISA, you must be over 18 but under 40 to open an account. If you need to withdraw money for any reason other than your first home (up to £450,000) or retirement, you’ll pay a government withdrawal charge of 25%.