We want to buy a house in my partner’s name and later rent it out and buy another one in mine
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 partner’s name with the intention of eventually keeping it as a rental property and then buying another property later on in my name.
Will I still be able to enjoy my first-time buyer status and Lisa advantage (we won’t be using my own Lisa towards the first property) when we want to buy the other property in my name? And are we going to be allowed to rent out the first property considering we will be buying with a Lisa?
HH
