Can my partner and I buy two properties using lifetime Isas?
Q My partner and I are first-time buyers and we each have a lifetime Isa (Lisa). We are considering putting our savings together to buy a house in my partners name with the intention of eventually keeping it as a rental property and then buying another property later on in my name. HH  A The Lisa rules are very clear: you must be buying a home you plan to live in. The scheme isnt for buying a home you want to rent out (or a holiday home). So the answer to your second question is no. The rules also make it clear that you dont get the Lisa advantage if the property costs more than 450,000. The answer to your first question is less clear cut. If you are buying the first property jointly with a joint mortgage, you wont still be a first-time buyer when you come to buy the second property. But if the first property genuinely is owned solely by your partner  with the mortgage in his or her sole name  then your first-time buyer status is preserved when you come to buy your property. And assuming you buy it on your own, as well as the bonus from your Lisa, youll qualify for the first-time buyer stamp duty land tax (SDLT) relief for properties costing less than 500,000. This means that first-time buyers pay no SDLT on the first 300,000 of the cost of a property and 5% on the amount over 300,000 but below 500,000. Joint purchasers qualify for the relief only if they are both (or all) first-time buyers.