Lifetime ISA penalty-free withdrawal for first-time house purchase

Brian Harrison made this Rhyddid Gwybodaeth request to HM Treasury Automatic anti-spam measures are in place for this older request. Please let us know if a further response is expected or if you are having trouble responding.

Roedd y cais yn llwyddiannus.

Dear HM Treasury,

You can only withdraw from Lifetime ISAs penalty-free for first-time house purchase if you take on a "mortgage" for the rest of the purchase.

Does it matter if the mortgage loan comes from a commercial lender or can it be a secured loan from a relative for example?

Yours faithfully,

Brian Harrison

FOI Requests, HM Treasury

Our ref: FOI2023/10923

Dear Mr Harrison,

Thank you for your request for information which we are considering under
the terms of the Freedom of Information Act 2000.

This is to confirm receipt of your request and to let you know that it is
receiving attention. If you have any enquiries regarding your request do
not hesitate to contact us.

Please note: HM Treasury has a dedicated email address for the public to
make Freedom of Information requests: [email address]

Yours sincerely

Information Rights Unit | Correspondence and Information Rights | HM
Treasury, 1 Horse Guards Road, London, SW1A 2HQ [1]www.gov.uk/hm-treasury

References

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1. http://www.gov.uk/hm-treasury

FOI Requests, HM Treasury

1 Atodiad

Dear Brian Harrison

Please find attached a response to your recent FOI request.

Yours sincerely

Information Rights Unit | Correspondence and Information Rights | HM
Treasury, 1 Horse Guards Road, London, SW1A 2HQ [1]www.gov.uk/hm-treasury

References

Visible links
1. http://www.gov.uk/hm-treasury