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Posted Tue, 07 May 2024 13:01:37 GMT by tsz kwan
Hello, I am about to enter UK with a BNO visa. My current home out of UK is a public housing and was purchased by my family. My name was added to it years ago. We are still living in it. I am planning to remove my name from the owned public housing title before entering UK. Will I be qualified as first-time-buyer for the Lifetime ISA given I've never purchased any property and haven't received any capital gain from the mentioned above? Thank you.
Posted Tue, 14 May 2024 14:17:21 GMT by HMRC Admin 19 Response
Hi,

You can see guidance here: 

Lifetime ISA

Thank you.
Posted Sat, 05 Oct 2024 11:32:26 GMT by Lina Basat
Hello I jointly own a flat abroad with three other people. Do I have to gift my part to qualify for First Time Buyer? Thanks
Posted Fri, 11 Oct 2024 13:04:33 GMT by HMRC Admin 32 Response
Hi Lina,
For guidance on who qualifies as a first time buyer, please see below.
SDLTM29845 - Definition of a first-time buyer
Thank you.

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