OneFamily and TGJones
We're proud to have partnered with TGJones to share our Lifetime ISA to help you build a tax-efficient lump sum to put towards your first home or towards retirement.
At OneFamily, we believe that everyone has the right to save towards their first home and we make that possible with our low minimum investment of just £25 a month.
Over 2 million members
have invested in their future with OneFamily
What is a lifetime ISA?
OneFamily’s Lifetime ISA is a type of investment account designed to help you buy your first home sooner or save extra for retirement.
You can invest up to £4,000 a year and the government will give you 25% on top of everything you pay in. So, you can get up to an extra £1,000 a year towards your first home or retirement!
You can open a OneFamily Lifetime ISA with a minimum £25 monthly Direct Debit or a lump sum of £250 or more. Just choose which of our three, climate-focused funds best suits your needs.
Lifetime ISAs are available for UK tax residents aged between 18 and 39. You can pay into the account until you turn 50.
If you withdraw your money before you turn 60 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.
Our Lifetime ISA invests in stocks and shares, the value of which can go up and down so you may get back less than you put in.
Lifetime ISA calculator
How soon can you buy a house with a OneFamily Lifetime ISA?
This projection shows how your lifetime ISA could grow with low, medium and high performance. Remember, projections are not a guarantee of future performance and you could get back less than you pay in.
Please note: No more than £4,000 may be invested into a Lifetime ISA within a single tax year. This includes your initial investment and your monthly direct debit payments.
How does a lifetime ISA work?
Open your lifetime ISA and choose which of our three ready-made funds you'd like to invest in.
Work out how soon you want to buy your home and set up a direct debit that will make your goal a reality.
Every month, get an extra 25% of everything you paid in the month before from the government. You can pay in up to £4,000 a year, so there’s £1,000 bonus available.
When it’s time to buy your first home, simply tell your solicitor that you’re using a OneFamily Lifetime ISA. We'll send them the money.
Choose your investment style
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.
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.
Your money will be invested in the ‘OneFamily Global Select 65% Shares’ fund which aims to achieve higher growth, but with more fluctuations in value.
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.
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.
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.
Lifetime ISA rules
If you take money out of your lifetime ISA without following these rules, you’ll be charged a 25% government penalty, which may mean you get back less than you pay in.
*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.