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Posted Tue, 16 Jul 2024 11:35:03 GMT by Sara Capuozzo
Hi, I can't find a definite answer on how many LISA can be used to purchase first property? I currently have a stock and share LISA and planning to open a cash LISA to be both used to purchase first property next year, is it possible ti withdraw funds fr both?
Posted Fri, 26 Jul 2024 07:47:49 GMT by HMRC Admin 25 Response
Hi Sara,
Have a look at:
Lifetime ISA
Each year, the government will add up to 25% or a maximum of £1000 per year to your LISA.
As you can have more than 1 LISA, you can use the contents of more than 1 LISA to put towards your first property.
Thank you. 

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