SarahBeenySpringIssue2017 - 49

BUYING AND SELLING ▲

ONCE IN
A LIFETIME
FREE MONEY FROM THE GOVERNMENT?
YES PLEASE, I HEAR YOU SAY. BUT
BEWARE, FOR THE NEW LIFETIME ISA
- LISA - IS NOT RIGHT FOR EVERYONE...

WORDS: KIA HANSEN, IMAGE: GETTY IMAGES

L

aunched in April, the
Lifetime ISA sounds great,
but it comes with big risk
warnings. Some people may
benefit, but others won't.
The basic facts are: the LISA is
available to people aged between
18-40. You can pay in up to £4,000
a year, then the government adds a
bonus of 25% of whatever you've paid
in. This bonus is paid yearly to start,
then monthly from April 2018.

EARN BONUSES
OF UP TO £32,000
You can continue paying up to
£4,000 a year into a LISA up until
the age of 50, so if you open one at
18, you can potentially earn a bonus
of £32,000. Despite sounding like
a good deal, the introduction of the
LISA has met with mixed response.
Nationwide has said it won't
introduce one as it's too complicated.
Other banks and building societies
will offer it, but not yet.

As well as the 25% bonus, you will
GREAT FOR
earn a return on the money you've
HOUSE BUYERS
put in, which can be invested by
the bank or building society as
The LISA is a no-brainer for
THOSE WITH A HELP
cash, or in stocks and shares.
first-time buyers and has several
TO BUY ISA CAN
Cash LISAs are expected to
benefits over a Help to Buy ISA
ALSO HAVE A LISA
pay out the same as ISAs, around
(HTB). Firstly, you can invest
- BUT YOU CAN ONLY
1% per year. Stocks and shares
more into a LISA (£4,000 a
USE THE BONUS
may give a better return, but with
year vs £2,400) and will receive
FROM ONE TO BUY
added risk as their value may fall.
more bonus over the term
YOUR HOME.
The main thing to consider
(potentially £32,000 vs £3,000).
before you start a LISA is you can't
Also, the bonus is paid out yearly
withdraw any of the cash without
(monthly from next year), not on the
penalty unless you are in one of
purchase of the property (unlike the
three distinct situations: you want to
HTB), so you can accrue interest on
buy your first home (you must have
the bonus over the years. Also, if you're
had a LISA for at least 12 months, be
buying with someone else, both of you
buying a property with a mortgage,
can have one, doubling your bonus.
and it must cost under £450,000);
Moneysavingexpert.com's Martin
you want to retire and you are aged
Lewis says: 'Even if you have only
over 60; or you have a terminal
an inkling you may buy a home, it's
illness. In all of these situations, the
worth starting it off as soon as you
cash you withdraw will be tax free.
can, even if you only put £1 in it.'
All other withdrawals will incur a
It's worth consulting an expert
hefty 25% exit fee - which could leave
first, however. Get financial advice
you with less cash than you invested.
before you make a commitment.

Double up

www.athomemagazine.co.uk MAY 2017 | 049


http://www.athomemagazine.co.uk

Table of Contents for the Digital Edition of SarahBeenySpringIssue2017

SarahBeenySpringIssue2017 - 1
SarahBeenySpringIssue2017 - 2
SarahBeenySpringIssue2017 - 3
SarahBeenySpringIssue2017 - 4
SarahBeenySpringIssue2017 - 5
SarahBeenySpringIssue2017 - 6
SarahBeenySpringIssue2017 - 7
SarahBeenySpringIssue2017 - 8
SarahBeenySpringIssue2017 - 9
SarahBeenySpringIssue2017 - 10
SarahBeenySpringIssue2017 - 11
SarahBeenySpringIssue2017 - 12
SarahBeenySpringIssue2017 - 13
SarahBeenySpringIssue2017 - 14
SarahBeenySpringIssue2017 - 15
SarahBeenySpringIssue2017 - 16
SarahBeenySpringIssue2017 - 17
SarahBeenySpringIssue2017 - 18
SarahBeenySpringIssue2017 - 19
SarahBeenySpringIssue2017 - 20
SarahBeenySpringIssue2017 - 21
SarahBeenySpringIssue2017 - 22
SarahBeenySpringIssue2017 - 23
SarahBeenySpringIssue2017 - 24
SarahBeenySpringIssue2017 - 25
SarahBeenySpringIssue2017 - 26
SarahBeenySpringIssue2017 - 27
SarahBeenySpringIssue2017 - 28
SarahBeenySpringIssue2017 - 29
SarahBeenySpringIssue2017 - 30
SarahBeenySpringIssue2017 - 31
SarahBeenySpringIssue2017 - 32
SarahBeenySpringIssue2017 - 33
SarahBeenySpringIssue2017 - 34
SarahBeenySpringIssue2017 - 35
SarahBeenySpringIssue2017 - 36
SarahBeenySpringIssue2017 - 37
SarahBeenySpringIssue2017 - 38
SarahBeenySpringIssue2017 - 39
SarahBeenySpringIssue2017 - 40
SarahBeenySpringIssue2017 - 41
SarahBeenySpringIssue2017 - 42
SarahBeenySpringIssue2017 - 43
SarahBeenySpringIssue2017 - 44
SarahBeenySpringIssue2017 - 45
SarahBeenySpringIssue2017 - 46
SarahBeenySpringIssue2017 - 47
SarahBeenySpringIssue2017 - 48
SarahBeenySpringIssue2017 - 49
SarahBeenySpringIssue2017 - 50
SarahBeenySpringIssue2017 - 51
SarahBeenySpringIssue2017 - 52
SarahBeenySpringIssue2017 - 53
SarahBeenySpringIssue2017 - 54
SarahBeenySpringIssue2017 - 55
SarahBeenySpringIssue2017 - 56
SarahBeenySpringIssue2017 - 57
SarahBeenySpringIssue2017 - 58
SarahBeenySpringIssue2017 - 59
SarahBeenySpringIssue2017 - 60
SarahBeenySpringIssue2017 - 61
SarahBeenySpringIssue2017 - 62
SarahBeenySpringIssue2017 - 63
SarahBeenySpringIssue2017 - 64
SarahBeenySpringIssue2017 - 65
SarahBeenySpringIssue2017 - 66
SarahBeenySpringIssue2017 - 67
SarahBeenySpringIssue2017 - 68
SarahBeenySpringIssue2017 - 69
SarahBeenySpringIssue2017 - 70
SarahBeenySpringIssue2017 - 71
SarahBeenySpringIssue2017 - 72
SarahBeenySpringIssue2017 - 73
SarahBeenySpringIssue2017 - 74
SarahBeenySpringIssue2017 - 75
SarahBeenySpringIssue2017 - 76
SarahBeenySpringIssue2017 - 77
SarahBeenySpringIssue2017 - 78
SarahBeenySpringIssue2017 - 79
SarahBeenySpringIssue2017 - 80
SarahBeenySpringIssue2017 - 81
SarahBeenySpringIssue2017 - 82
SarahBeenySpringIssue2017 - 83
SarahBeenySpringIssue2017 - 84
SarahBeenySpringIssue2017 - 85
SarahBeenySpringIssue2017 - 86
SarahBeenySpringIssue2017 - 87
SarahBeenySpringIssue2017 - 88
SarahBeenySpringIssue2017 - 89
SarahBeenySpringIssue2017 - 90
SarahBeenySpringIssue2017 - 91
SarahBeenySpringIssue2017 - 92
SarahBeenySpringIssue2017 - 93
SarahBeenySpringIssue2017 - 94
SarahBeenySpringIssue2017 - 95
SarahBeenySpringIssue2017 - 96
SarahBeenySpringIssue2017 - 97
SarahBeenySpringIssue2017 - 98
SarahBeenySpringIssue2017 - 99
SarahBeenySpringIssue2017 - 100
SarahBeenySpringIssue2017 - 101
SarahBeenySpringIssue2017 - 102
SarahBeenySpringIssue2017 - 103
SarahBeenySpringIssue2017 - 104
SarahBeenySpringIssue2017 - 105
SarahBeenySpringIssue2017 - 106
SarahBeenySpringIssue2017 - 107
SarahBeenySpringIssue2017 - 108
SarahBeenySpringIssue2017 - 109
SarahBeenySpringIssue2017 - 110
SarahBeenySpringIssue2017 - 111
SarahBeenySpringIssue2017 - 112
SarahBeenySpringIssue2017 - 113
SarahBeenySpringIssue2017 - 114
SarahBeenySpringIssue2017 - 115
SarahBeenySpringIssue2017 - 116
SarahBeenySpringIssue2017 - 117
SarahBeenySpringIssue2017 - 118
SarahBeenySpringIssue2017 - 119
SarahBeenySpringIssue2017 - 120
SarahBeenySpringIssue2017 - 121
SarahBeenySpringIssue2017 - 122
SarahBeenySpringIssue2017 - 123
SarahBeenySpringIssue2017 - 124
SarahBeenySpringIssue2017 - 125
SarahBeenySpringIssue2017 - 126
SarahBeenySpringIssue2017 - 127
SarahBeenySpringIssue2017 - 128
SarahBeenySpringIssue2017 - 129
SarahBeenySpringIssue2017 - 130
SarahBeenySpringIssue2017 - 131
SarahBeenySpringIssue2017 - 132
SarahBeenySpringIssue2017 - 133
SarahBeenySpringIssue2017 - 134
SarahBeenySpringIssue2017 - 135
SarahBeenySpringIssue2017 - 136
SarahBeenySpringIssue2017 - 137
SarahBeenySpringIssue2017 - 138
SarahBeenySpringIssue2017 - 139
SarahBeenySpringIssue2017 - 140
SarahBeenySpringIssue2017 - 141
SarahBeenySpringIssue2017 - 142
SarahBeenySpringIssue2017 - 143
SarahBeenySpringIssue2017 - 144
SarahBeenySpringIssue2017 - 145
SarahBeenySpringIssue2017 - 146
SarahBeenySpringIssue2017 - 147
SarahBeenySpringIssue2017 - 148
SarahBeenySpringIssue2017 - 149
SarahBeenySpringIssue2017 - 150
SarahBeenySpringIssue2017 - 151
SarahBeenySpringIssue2017 - 152
SarahBeenySpringIssue2017 - 153
SarahBeenySpringIssue2017 - 154
SarahBeenySpringIssue2017 - 155
SarahBeenySpringIssue2017 - 156
SarahBeenySpringIssue2017 - 157
SarahBeenySpringIssue2017 - 158
SarahBeenySpringIssue2017 - 159
SarahBeenySpringIssue2017 - 160
SarahBeenySpringIssue2017 - 161
SarahBeenySpringIssue2017 - 162
SarahBeenySpringIssue2017 - 163
SarahBeenySpringIssue2017 - 164
SarahBeenySpringIssue2017 - 165
SarahBeenySpringIssue2017 - 166
SarahBeenySpringIssue2017 - 167
SarahBeenySpringIssue2017 - 168
SarahBeenySpringIssue2017 - 169
SarahBeenySpringIssue2017 - 170
SarahBeenySpringIssue2017 - 171
SarahBeenySpringIssue2017 - 172
SarahBeenySpringIssue2017 - 173
SarahBeenySpringIssue2017 - 174
SarahBeenySpringIssue2017 - 175
SarahBeenySpringIssue2017 - 176
SarahBeenySpringIssue2017 - 177
SarahBeenySpringIssue2017 - 178
SarahBeenySpringIssue2017 - 179
SarahBeenySpringIssue2017 - 180
SarahBeenySpringIssue2017 - 181
SarahBeenySpringIssue2017 - 182
SarahBeenySpringIssue2017 - 183
SarahBeenySpringIssue2017 - 184
SarahBeenySpringIssue2017 - 185
SarahBeenySpringIssue2017 - 186
SarahBeenySpringIssue2017 - 187
SarahBeenySpringIssue2017 - 188
SarahBeenySpringIssue2017 - 189
SarahBeenySpringIssue2017 - 190
SarahBeenySpringIssue2017 - 191
SarahBeenySpringIssue2017 - 192
SarahBeenySpringIssue2017 - 193
SarahBeenySpringIssue2017 - 194
SarahBeenySpringIssue2017 - 195
SarahBeenySpringIssue2017 - 196
SarahBeenySpringIssue2017 - 197
SarahBeenySpringIssue2017 - 198
SarahBeenySpringIssue2017 - 199
SarahBeenySpringIssue2017 - 200
SarahBeenySpringIssue2017 - 201
SarahBeenySpringIssue2017 - 202
SarahBeenySpringIssue2017 - 203
SarahBeenySpringIssue2017 - 204
SarahBeenySpringIssue2017 - 205
SarahBeenySpringIssue2017 - 206
SarahBeenySpringIssue2017 - 207
SarahBeenySpringIssue2017 - 208
SarahBeenySpringIssue2017 - 209
SarahBeenySpringIssue2017 - 210
SarahBeenySpringIssue2017 - 211
SarahBeenySpringIssue2017 - 212
SarahBeenySpringIssue2017 - 213
SarahBeenySpringIssue2017 - 214
SarahBeenySpringIssue2017 - 215
SarahBeenySpringIssue2017 - 216
SarahBeenySpringIssue2017 - 217
SarahBeenySpringIssue2017 - 218
SarahBeenySpringIssue2017 - 219
SarahBeenySpringIssue2017 - 220
SarahBeenySpringIssue2017 - 221
SarahBeenySpringIssue2017 - 222
SarahBeenySpringIssue2017 - 223
SarahBeenySpringIssue2017 - 224
SarahBeenySpringIssue2017 - 225
SarahBeenySpringIssue2017 - 226
SarahBeenySpringIssue2017 - 227
SarahBeenySpringIssue2017 - 228
SarahBeenySpringIssue2017 - 229
SarahBeenySpringIssue2017 - 230
SarahBeenySpringIssue2017 - 231
SarahBeenySpringIssue2017 - 232
SarahBeenySpringIssue2017 - 233
SarahBeenySpringIssue2017 - 234
SarahBeenySpringIssue2017 - 235
SarahBeenySpringIssue2017 - 236
SarahBeenySpringIssue2017 - 237
SarahBeenySpringIssue2017 - 238
SarahBeenySpringIssue2017 - 239
SarahBeenySpringIssue2017 - 240
SarahBeenySpringIssue2017 - 241
SarahBeenySpringIssue2017 - 242
SarahBeenySpringIssue2017 - 243
SarahBeenySpringIssue2017 - 244
SarahBeenySpringIssue2017 - 245
SarahBeenySpringIssue2017 - 246
SarahBeenySpringIssue2017 - 247
SarahBeenySpringIssue2017 - 248
SarahBeenySpringIssue2017 - 249
SarahBeenySpringIssue2017 - 250
SarahBeenySpringIssue2017 - 251
SarahBeenySpringIssue2017 - 252
SarahBeenySpringIssue2017 - 253
SarahBeenySpringIssue2017 - 254
SarahBeenySpringIssue2017 - 255
SarahBeenySpringIssue2017 - 256
SarahBeenySpringIssue2017 - 257
SarahBeenySpringIssue2017 - 258
SarahBeenySpringIssue2017 - 259
SarahBeenySpringIssue2017 - 260
SarahBeenySpringIssue2017 - 261
SarahBeenySpringIssue2017 - 262
SarahBeenySpringIssue2017 - 263
SarahBeenySpringIssue2017 - 264
SarahBeenySpringIssue2017 - 265
SarahBeenySpringIssue2017 - 266
SarahBeenySpringIssue2017 - 267
SarahBeenySpringIssue2017 - 268
SarahBeenySpringIssue2017 - 269
SarahBeenySpringIssue2017 - 270
SarahBeenySpringIssue2017 - 271
SarahBeenySpringIssue2017 - 272
SarahBeenySpringIssue2017 - 273
SarahBeenySpringIssue2017 - 274
SarahBeenySpringIssue2017 - 275
SarahBeenySpringIssue2017 - 276
SarahBeenySpringIssue2017 - 277
SarahBeenySpringIssue2017 - 278
SarahBeenySpringIssue2017 - 279
SarahBeenySpringIssue2017 - 280
SarahBeenySpringIssue2017 - 281
SarahBeenySpringIssue2017 - 282
SarahBeenySpringIssue2017 - 283
SarahBeenySpringIssue2017 - 284
SarahBeenySpringIssue2017 - 285
SarahBeenySpringIssue2017 - 286
SarahBeenySpringIssue2017 - 287
SarahBeenySpringIssue2017 - 288
SarahBeenySpringIssue2017 - 289
SarahBeenySpringIssue2017 - 290
SarahBeenySpringIssue2017 - 291
SarahBeenySpringIssue2017 - 292
SarahBeenySpringIssue2017 - 293
https://europe.nxtbook.com/emp/AtHome/yourbusiness2021
https://europe.nxtbook.com/emp/AtHome/athomewithchrisjessen2018
https://europe.nxtbook.com/emp/AtHome/athomewithsarahbeenyautumn2017
https://europe.nxtbook.com/emp/AtHome/athomewithlorrainekelly2017
https://europe.nxtbook.com/emp/AtHome/athomeparentingwithJoFrost2017
https://europe.nxtbook.com/emp/AtHome/SarahBeenySpring2017
https://europe.nxtbook.com/emp/AtHome/AskTheDoctorWithDrJessenFebruary2017
https://europe.nxtbook.com/emp/AtHome/AtHomeWithTessDaly2016
https://europe.nxtbook.com/emp/Careers/YourBusinessWithJamesCaan2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithGloriaHunnifordOctober2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithSarahBeenyAutumn2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithLorraineKelly2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithJoFrostJune2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithSarahBeenySpring2016
https://europe.nxtbook.com/emp/AtHome/AtHomeWithDrChristianJessen2016
https://europe.nxtbook.com/emp/AtHome/AthomeWithTessDaly2015
https://europe.nxtbook.com/emp/AtHome/YourBusinessWithJamesCaanAutumn2015
https://europe.nxtbook.com/emp/AtHome/AthomeWithSarahBeeny2015
https://europe.nxtbook.com/emp/AtHome/AthomeWithGloriaHunniford2015
https://europe.nxtbook.com/emp/AtHome/AtHomeLorraineKelly2015
https://europe.nxtbook.com/emp/AtHome/JoFrost15
https://europe.nxtbook.com/emp/AtHome/SarahBennyMay2015
http://europe.nxtbook.com/emp/AtHome/OrthopaedicSupplementMarch2015
https://europe.nxtbook.com/emp/AtHome/DrChristianJessenFeb2015
http://europe.nxtbook.com/emp/AtHome/athomewithtessdaly
http://europe.nxtbook.com/emp/AtHome/jobsandcareers2014
https://europe.nxtbook.com/emp/AtHome/yourbusinesswithjamescaan
http://europe.nxtbook.com/emp/AtHome/athomewithsarahbeeny
http://europe.nxtbook.com/emp/AtHome/parentingjofrost
https://europe.nxtbook.com/emp/AtHome/drchristianjessen
http://europe.nxtbook.com/emp/AtHome/Athomelorrainekelly
http://europe.nxtbook.com/emp/AtHome/Athomesarahbeeny
http://europe.nxtbook.com/emp/AtHome/Cheers_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Christmas_New_year_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Exclusive_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Jo_Frost_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Carol_Vorderman_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Christian_Jessen_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Sarah_Beeny_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_Lorraine_Kelly_2013
http://europe.nxtbook.com/emp/AtHome/At_Home_James_Martin_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Jo_Frost_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Dr_Chris_Steele_Sept_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Sally_Gunnell_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Sarah_Beeny_Aug_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Lorraine-Kelly_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_Christian_Jessen_2012
http://europe.nxtbook.com/emp/AtHome/At_Home_James_Martin_2011
http://europe.nxtbook.com/emp/AtHome/At_Home_Sarah_beeny_winter_2011
http://europe.nxtbook.com/emp/AtHome/Lorraine_Kelly_Nov_2011
http://europe.nxtbook.com/emp/AtHome/At_Home_Marco_Pierre_White_2011
http://europe.nxtbook.com/emp/AtHome/AtHome/Jo_Frost_July_2011
http://europe.nxtbook.com/emp/AtHome/Lorraine_Kelly_June_2011/Lorraine_Kelly_June_2011
http://europe.nxtbook.com/emp/AtHome/Sarah_Beeny_May_2011
https://www.nxtbookmedia.com