Will my lifetime ISA bonus be paid before I buy a house?

Yes! You’ll get the bonus on your lifetime ISA a month after you’ve put money into your account, so you can use the bonus towards your deposit. This is different to help to buy ISAs, where the bonus is paid after you’ve bought your first home.

If you’ve made a payment into your lifetime ISA before the 5th of the month, you’ll get the 25% bonus on that money at the end of the same month. Any payments made into your account after this date will have the bonus applied the month after.

It’s important to keep these dates in mind if you’re planning to use your lifetime ISA to buy your first home and getting close to your completion date, so you can make sure you have your full lifetime ISA bonus on the day you need it.