Martin Lewis Parents have advised to open a one Lifestyle Isa For her children, she turned 18 once with £ 1, so that she could have a “clock tick” for them to buy the house.
he explained This morning On Tuesday (July 8), the state first added 25 percent bonus for property purchase, and you can contribute to £ 4,000 per year.
“You put four grand, you get a grand in a year, but you can only use it if it is open for a year,” he said.
Lewis said that by putting only £ 1, you can add £ 4,000 later and get the bonus immediately, without waiting.
“So you can have a lifetime One is Open, ”he said.
