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Help To Buy ISA Query following 2024 ISA Reforms

Answer
Cliff Stanbrook
Posted Tue, 07 May 2024 16:45:03 GMT by Cliff Stanbrook
The April 2024 ISA reforms have excluded using private mortgages from the Lifetime ISA thus negating the bonus. There is no such mention of any such change to the Help to Buy ISA. Therefore, is a private mortgage (legal charge) acceptable for the Help To Buy ISA bonus eligibility.
HMRC Admin 8 Response
Posted Tue, 14 May 2024 14:57:43 GMT by HMRC Admin 8 Response
Hi,
The guidance stipulates that it must be a residential mortgage.
Thank you.

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