Lifetime ISA made easy
Invest towards your first home or retirement with a 25% government
bonus - that's an extra £1,000 for every £4,000 you save.
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25% government bonus on the money you invest
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Available to 18-39 year olds
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Apply and manage your Lifetime ISA online
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Open with a £25 Direct Debit or £250 lump sum payment
What is a Lifetime ISA?
A Lifetime ISA in an individual savings account (ISA) designed to help towards buying your first home or retirement... or both!
- Available to 18-39 year olds. You can continue to pay in until your 50th birthday.
- Invest up to the current tax year limit of £4,000.
- Receive a 25% Government bonus into your Lifetime ISA calculated based on the amount you pay in.
- There are two types of Lifetime ISAs available - Cash or stocks and shares. OneFamily only offer a stocks and shares Lifetime ISA
- Withdrawals can be made towards the purchase of your first home based in the UK, or for your retirement at age 60.
Withdrawals for other reasons than to purchase your first home or after you reach the age of 60 will be subject to a 25% government withdrawal charge.
Tax advantages depend on individual circumstances and may change in the future. The value of stocks and shares can fall as well as rise, so you could get back less than was paid in.

You're 4 steps from applying
Am I eligible for a Lifetime ISA?
Quickly check if you're eligible for a Lifetime ISA by answering the few questions below. After using this tool, if you're interested in taking out a Lifetime ISA with OneFamily please ensure you've read all of our key documentation before continuing.
Things to consider. Whatever you're saving towards, there are a few things you should consider before taking out a Lifetime ISA.
- Any money you withdraw before you're 60, that is not for the purchase of your first home, will be subject to a 25% government withdrawal charge on total amount withdrawn.
- If you decide to pay into a Lifetime ISA instead of a workplace pension you could miss out on valuable employer contributions.
- Money in a Lifetime ISA could affect your entitlement to means tested benefits.
If you're not sure a Lifetime ISA is right for you, please contact an independent financial adviser.
You're 3 steps from applying
Why choose a Lifetime ISA from OneFamily?
Being bombarded with dozens of fund options and complex charges can be confusing. That's why the OneFamily Lifetime ISA makes investing for your future as simple as possible.
- We have two funds to choose from - a fund designed for the short term (at least 5 years) and one for longer term saving (at least 10 years).
- Switch funds anytime, free of charge.
- A simple 1% Annual Management Charge. An additional fund expenses charge of up to 0.3% also applies. Please refer to the product documents for details of other potential charges.
- Easy to apply and manage online - at your fingertips 24/7
Before applying, it's important that you read the Lifetime ISA Important Information and Terms and Conditions documents to ensure you fully understand our product and whether it's right for you.
The OneFamily Lifetime ISA invests in stocks and shares. As with any investment, the value of money invested into a stocks and shares Lifetime ISA can fall as well as rise, meaning you could get back less than is paid in.
Why stocks and shares?
Here at OneFamily we offer a Stocks and Shares Lifetime ISA, so it has the potential for greater growth than cash accounts over the long term.
Stocks and shares are usually considered a good option if investing over the longer term as it helps even out fluctuations in the stock market and provides good growth potential.
However, this comes with a degree of risk. The value of stocks and shares can go down as well as up. Whilst this is normal for stocks and shares it does mean that you could get back less than you paid in.
Here's what our customers are saying...
You're 2 steps from applying
How we invest your money
When you apply for a OneFamily Lifetime ISA, you'll be given a simple choice of two funds. Just pick the one that best suits your needs. Don't worry if your goals change in the future, as you can switch funds at any time.
Global Equity Fund
This fund could be the right choice for you if you have a longer term saving goal and are happy to accept more risk for a greater potential returns.
Investment
term
10+ years
Potential
returns
Higher
Risk
level
Higher
Global Mixed Investment Fund
This fund could be the right choice for you if you have a shorter term saving goal so prefer to accept less risk.
Investment
term
5+ years
Potential
returns
Lower
Risk
level
Lower
You're 1 step from applying
Apply online
Ready to open a Lifetime ISA? Please read the relevant documents before applying.
By clicking apply and starting the application you confirm you have read, and agree to, the terms and conditions and relevant Lifetime ISA documents.
Important documents
Lifetime ISA Important Information
Lifetime ISA Terms and Conditions
Global Mixed Investment Fund Key Information document
Global Equity Fund Key Information document
Or call the team for more information
0344 8 920 920
Open 9am-7pm Mon-Fri, 9am-1pm Sat
Calls may be recorded and monitored for training purposes. Call charges apply. These are dependent on your provider's tariff and are likely to be more from mobile phones. For more information, please contact your provider.