FirstTime Buyer Learn How to Use Lifetime ISA for Your House Deposit











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This video discusses how to use the Lifetime ISA for a house deposit as a first-time buyer. • 🕒 *Timestamps:* • 00:00 Overview • 01:01 What is a Lifetime ISA? • 01:31 Who can open a Lifetime ISA? • 01:50 What is the annual contribution limit of a Lifetime ISA? • 02:55 What are the advantages of a Lifetime ISA? • 06:50 What are the disadvantages of a Lifetime ISA? • 10:36 Tips Strategies to Maximise the Lifetime ISA • 13:33 What is the 12-month rule? • 14:20 Do you get a 25% bonus yearly? • 15:14 Can you buy a house with 2 LISAs? • 16:32 Can I open a LISA for my child? • 17:07 Can I use my LISA for solicitor fees? • 18:21 Can I get a buy-to-let mortgage with a LISA? • 18:52 How do you pay for a house with a LISA? • 19:37 Can I use my LISA for a self-build? • 19:59 Can I use my LISA to buy my first home if my partner owns a house? • 20:36 Can you use my LISA to buy a house outside the UK? • 21:00 What happens to my LISA if I move abroad? • 21:47 Are Lifetime ISAs safe? • 22:51 Which is the best LISA provider in the UK? • 24:18 Is a LISA worth it? • 24:37 What happens if I put more than £4000 into my LISA? • 25:19 Last words • #LifetimeISA #money #financialtips • For sponsorships and collaborations, email [email protected] • Join the community by subscribing to the channel for insights about living, studying, and working in the UK as a foreigner:    / @pathwayuk  . • Related videos you should watch • How to save for a house deposit as a first-time buyer in 2 years •    • How we saved for our house deposit as...   • Stay connected • IG:   / mypathwayuk   • FB:   / mypathwayuk   • Kindly check https://www.gov.uk/ for every and any information regarding UK visas and immigration. • Disclaimer: The videos on the channel are for entertainment only, and they should be watched light-heartedly as they are based on my research, experiences, and thoughts. Therefore, they should not in any way substitute for your due diligence research as I am not an immigration expert, real estate agent, solicitor, finance, visa, career, or educational consultant. Anything I say in the videos should be considered an opinion, not advice. • Likewise, I do not help with any application, and I will not contact you to ask for money (you see, the channel is gaining traction, and there are spammers in the comments section). The best I can do if you contact me is to point you toward professionals who might help you, send you links I think might be useful, and answer your questions to the best of my ability. 🤍

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