Introducing Lifetime ISA Transfers

We’re delighted to announce after the success of the launch of our cash Lifetime ISA, we’re now offering transfers!

We’re delighted to announce after the success of the launch of our cash Lifetime ISA, we’re now offering transfers! This means that those who currently have a Lifetime ISA with another provider can transfer to us and benefit from a market leading rate (variable rate of 1.10% Gross/AER)!

Since November, we’ve helped over 10,000 people to start saving with our Lifetime ISA and we want to help even more!

“I opened a Lifetime ISA with Newcastle Building Society as I wanted to start saving for my first home. The LISA really appealed to me due to the 25% government bonus, which will help me to reach my deposit goal sooner. ” – Kirsty from Consett

So, what is a Lifetime ISA (LISA)? Let’s face it, there comes a time when you’re ready to have a place of your own, but saving for a deposit can be difficult. Our Lifetime ISA helps you save for your first home, by boosting your savings with a 25% government bonus, plus interest!

Or if you already own your own home, you can use your LISA to boost your later life savings, earning a maximum £32,000 government bonus. If you’re 18-39 you can open your cash Lifetime ISA, saving up to £4,000 each year, tax free.

If you’re interested in transferring your Lifetime ISA account to us, or don’t currently have one and would like to open one, visit our Lifetime ISA page.

Withdrawal penalties apply.