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  • RE: Lifetime ISA - "First home" question

    As an executor and beneficiary of a will that stated simply that the value of the estate would be split between my Dad’s 3 children, myself included, can I still use a first time buyer LISA when part of that estate is a house that is being sold. I live in Scotland, the estimated house value was included in the Confirmation the lawyers sent to the court. Whilst we have confirmation from the court, the will has not been fully executed because the house has not yet been sold (it is in the early process of this). In our first meeting with the lawyer about the estate I said that I had a LISA and would this affect it - I was told it wouldn’t as I wouldn’t be recorded as an owner of the house. However, I have just received a document to sign that has me as the owner of the house. The type of sale is listed as executry. Under these circumstances can I still use my LISA to buy my first property?