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Help to buy isa

2 replies

Walker85 · 14/08/2018 21:31

Hi,

I’m looking to buy my first property so in 2016 I opened a Help to Buy ISA. At the time I didn’t have £1,200 that I could put in as an initial deposit to save so I opened it with the minimum amount. I now have the max opening deposit, so I was wondering is it possible to close my existing H2B ISA and open a new one to maximise the government bonus?

TIA

OP posts:
ButDoYouAvocado · 16/08/2018 06:45

Nope. You have to put it in right at the beginning.

BuildingThings · 16/08/2018 09:37

No.

But, you can 'drip-feed' it into your ISA, so you put in £200 max every month, but perhaps you're already doing this?

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