HTB move to LISA

[TractorAndHeadphones]

Hi all quite a dilemma.
Have got about 3K in a Help-To-Buy ISA planning to buy a house with partner next year. It’s likely it will be above the 250K limit which activates the government bonus. There’s a small chance we might get a property below but so many are going for above asking price It’s highly unlikely that a property advertised at bellow 250K wil go for such.

However if I transfer this into a LISA I’ll have to wait a year to access the bonus. Is it worth it? The worry with waiting is that house prices might rise even more.

I'm in the same predicament. I've maxed out my help to buy ISA but now won't get the bonus because house prices have risen so much. Its too late for me to transfer to LISA because we want to buy asap. It seems really unfair that the average house price is now above 250,000 as stated in the news last week, but the limit for the government HTB bonus has remained the same. I've essentially lost out on £3,000. It's gutting.

@Penny1810

I'm in the same predicament. I've maxed out my help to buy ISA but now won't get the bonus because house prices have risen so much. Its too late for me to transfer to LISA because we want to buy asap. It seems really unfair that the average house price is now above 250,000 as stated in the news last week, but the limit for the government HTB bonus has remained the same. I've essentially lost out on £3,000. It's gutting.

OMG I feel for you! House prices are crazy… and considering people aren’t going to buying flats but family homes straight away as it takes that long to save 250K is a really low limit …