Get moving with our climate-friendly Lifetime ISA
Open a Lifetime ISA in minutes, with a choice of two climate-friendly funds and a 25% bonus to help you buy your first home
25% government bonus on the money you invest
Available to 18-39 year olds
Designed to help you save for your first home or later life
2 simple climate-friendly investment options
What is a Lifetime ISA?
A Lifetime ISA is designed to help you save for your first home or for your retirement. You can invest up to £4,000 per year and receive a 25% government bonus on top - that's up to £1,000 every year. As it's tax free, you won't pay tax on any growth your investment makes.
You can use your Lifetime ISA to buy your first home (up to £450,000) or you can keep investing until you're 50 and then access your money when you turn 60. If you use your Lifetime ISA for your first home or retirement, you can withdraw your money after 12 months, including the 25% bonus and not pay any tax. Withdrawing your money for any other reasons will incur a penalty, and you could end up getting less than you paid in.
Our Lifetime ISA invests in stocks and shares which means you could see more growth than cash over the long term - as with all investing, this approach does come with risk and you could lose money as well.
Investing in stocks & shares doesn't need to be complicated
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Climate-friendly investments that make a difference
We think it’s important that we grow your money in the right way, so whenever we invest your money in company shares, we’ll only invest it in companies that are making a positive change to our environment through sustainable climate activities.
Our Lifetime ISA comes in two investment options – one which invests fully into climate friendly companies, and one which splits your investment between climate friendly companies and fixed interest investments for a less risky approach.
Whichever investment option you choose, you'll be putting your money into some of the more progressive and forward-thinking business around the world, so you can make a difference to our planet without sacrificing growth.
Did you know?
We assess companies on 5 key factors before we invest into them, including their green revenues and carbon intensity. Find out more about our climate friendly investments.
Why invest with OneFamily?
We try and make a difference
Since 2015 we've given over £3.5m to our customers, communities, charities and good causes across the UK
Providing clear pricing
No complicated menu of fees – just a simple 1.1% annual management charge
Investment options
A simple choice of two climate-friendly investment options which you can switch between any time, free of charge
Online account management
Take control of your account with 24/7 account management at your fingertips
Choose your investment option
We’ve got two simple investment options to choose from, made up of different allocations of company shares (higher returns but higher risk) and fixed interest investments (lower returns but lower risk).
Choose the option which works for you.
Global Equity
Here's how your investment helps
- Invests in companies that are making a difference to our environment and tackling climate change through sustainable climate activities
- Targets increasing revenues from green business activities
- Aims to lower CO2 emissions from their activities
- Aims to reduce fossil fuel reserves (greenhouse gas emissions) and brown revenues (such as mining and drilling)
What else should I know?
This product invests in company shares so to maximise its growth potential you should consider keeping it invested for a few years before you withdraw it.
Please make sure you've read the Key Information Document
Global Mixed
Here's how your investment helps
- Invests at least 65% of your money in fixed interest investments from two leading investment indices to reduce risk
- Invests up to 35% of your money in companies that are making a difference to our environment through sustainable climate activities
- The company shares allocation (up to 35%) focuses on companies who are better prepared to tackle climate change
What else should I know?
This product invests in company shares so to maximise its growth potential you should consider keeping it invested for a few years before you withdraw it.
Please make sure you've read the Key Information Document
Got a question about our Lifetime ISA? Try our FAQs.
Open your Lifetime ISA
Before you invest, it’s important to remember:
- Our Lifetime ISA invests in stocks & shares so its value can go down as well as up meaning you could get back less than has been paid in
- The Lifetime ISA limit in the current tax year is £4,000 and counts towards your overall ISA limit. Tax rules will depend on individual circumstances and may change in future
- You can withdraw money from a Lifetime ISA to buy your first home or from age 60. Other withdrawals will mean a penalty charge of 25%
By clicking apply and starting the application you confirm you have read, and agree to, the terms and conditions, Key Features document and relevant Lifetime ISA Key Information documents
Want to transfer to us?
If you've got an ISA or CTF with a different provider you can transfer it to us free of charge. We accept transfers from Help to Buy ISAs, Cash ISAs, Stocks & Shares ISAs and matured Child Trust Funds with a balance of at least £250. You can use the transfer to open your new Lifetime ISA, or transfer it to us once you've completed your application. Please check with your current provider in case they have any charges for transferring.
Want to transfer your OneFamily CTF money into this product?
If you want to transfer your OneFamily Child Trust Fund money into our ISA or Lifetime ISA you will need to register and / or login to your CTF online account