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  • First Time Buyer

    Lifetime ISA - £1k a year from Govt until 50!

    Thought worth posting for those who may be starting to save up to buy your first home or save for later in life, with under 2 months left for this financial year to get an extra 25% from government.

    Even if you don't want to buy a home in future (considering you own one) then this is a great way of getting 25% up to £1k a year bonus until your 50. Then, you can withdraw full amount when you turn 60 (no 25% from 50 to 60 yr)

    More information here :

    http://www.gov.uk/lifetime-isa

    Please note: 40 and over are not eligible for this scheme......

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    Only on properties upto 450k though?

    Thats more of a london issue than anywhere else im sure.

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