Over 2 million members
have invested in their future with OneFamily
HMRC unclaimed Child Trust Funds letter
Getting a letter to say you have money you weren’t aware of is a very rare thing to happen! While a spending spree might be tempting, this could be a good opportunity to take your first step towards buying your own place.
If you’d like to become a homeowner one day, moving it into a Lifetime ISA will mean the government adds another 25% on top of what they’ve already given you. So, £2,000 becomes £2,500.
You can move up to £4,000 into a Lifetime ISA straight away, which means there’s up to £1,000 in government bonus available.
That limit resets every 6 April so you can keep claiming that 25% government bonus (in fact, we claim it on your behalf every month you pay in!).
What is a lifetime ISA?
A lifetime ISA is a type of ISA designed exclusively to help young people (18-39) buy their first place or put extra money away for retirement.
It comes with a 25% government bonus – the government tops up everything you pay in by 25%.
You can pay in up to £4,000 each tax year so there’s up to £1,000 bonus available every year!
At OneFamily, we offer a stocks and shares lifetime ISA because we believe this gives your money the best potential to grow*.
Getting started is simple. Choose the climate-focused fund that works for you. Then set up a Direct Debit of at least £25 a month or pay in a lump sum of £100 or more.
If you withdraw from your Lifetime ISA for anything other than buying a first home (worth no more than £450,000), you’ll be charged a 25% government penalty which may leave you with less than you’ve paid in. This charge doesn’t apply after you turn 60.
How long will it take me to save for my first home?
Use our calculator to see how quickly you could become a homeowner with the help of the government bonus and typical investment returns.
Transfer to a lifetime ISA today
This projection shows how your Lifetime ISA could grow with typical anticipated performance. Remember, projections are not a guarantee of future performance and you could get back less than you pay in.
Get access to member benefits
As a OneFamily member, you’ll enjoy exclusive access to our member benefits programme. From discounted cinema tickets, savings on your weekly grocery shop, reduced gym memberships and high street discounts. Our benefits are here to help your money go further whilst you’re investing in your future.
Your investment options
We offer three investment styles which give you the freedom to invest your money in a way that’s rewarding and comfortable for you.
Cautious
Aims for modest growth with more investment in lower-risk assets
Balanced
Aims for more growth with more investment in higher-risk assets
Adventurous
Aims to maximise growth with a focus on higher-risk assets
Your money will be invested in the ‘OneFamily Global Select 35% Shares’ fund which aims to achieve modest growth, with moderate fluctuations in value.
Figures above are calculated from 30 April to 30 April for all the periods shown.
The past performance data in the graph above is simulated and does not reflect the actual investment performance. It uses the historic fund prices and charges of the underlying funds which are denominated in USD and EUR. This carries the risk of exchange rate movements. Please note that all transactions you make in the actual fund will be handled in GBP and the charges on this fund are 1.1%.
Past performance is not a guide to future performance and should not be used on its own to make an investment decision.
Important documents
Fees
1.1% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Return to investment optionsYour money will be invested in the ‘OneFamily Global Select 65% Shares’ fund which aims to achieve higher growth, but with more fluctuations in value.
Figures above are calculated from 30 April to 30 April for all the periods shown.
The past performance data in the graph above is simulated and does not reflect the actual investment performance. It uses the historic fund prices and charges of the underlying funds which are denominated in USD and EUR. This carries the risk of exchange rate movements. Please note that all transactions you make in the actual fund will be handled in GBP and the charges on this fund are 1.1%.
Past performance is not a guide to future performance and should not be used on its own to make an investment decision.
Important documents
Fees
1.1% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Return to investment options
Your money will be invested in the ‘OneFamily Global Select 100% Shares’ fund which aims to maximise growth but has the potential to see the largest fluctuations in value.
Figures above are calculated from 30 April to 30 April for all the periods shown.
The past performance data in the graph above is simulated and does not reflect the actual investment performance. It uses the historic fund prices and charges of the underlying funds which are denominated in USD and EUR. This carries the risk of exchange rate movements. Please note that all transactions you make in the actual fund will be handled in GBP and the charges on this fund are 1.1%.
Past performance is not a guide to future performance and should not be used on its own to make an investment decision.
Important documents
Fees
1.1% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Return to investment optionsIt’s important to remember past performance isn't a guide to future performance.
Annual management charge of 1.1%
Our Lifetime ISA customers' stories
See how some of our members used the Lifetime ISA to invest in their future and make the most out of the government bonus.
Lifetime ISA rules
If you take money out of your lifetime ISA without following these rules, you'll need to pay a 25% government withdrawal charge
Transfer your Child Trust Fund to a OneFamily Lifetime ISA
Get another 25% added to your Child Trust Fund money* when you move it into a OneFamily Lifetime ISA to use it to buy your first home.
*You can transfer up to £4,000
*Compared to cash lifetime ISAs, which grow your money with interest rates. As with all investing, the value can go up and down and you could get back less than you’ve paid in.