I am looking to buy my first property soon within the next year or two.
What’s everyone’s experiences of the Skipton cash LISA?
I’m weighing up the pros and cons of opening the Skipton LISA or a stocks and shares LISA.
I don’t know anyone that has any experience of either really, so I want to open this up to discussion and am interested in knowing how easy it is to open and manage (I believe it’s all done online).
My understanding is that it can be opened with £1 but are there limitations on how many transfers into the account you can make with the total per year being 4K? Ie. Can I put in £50 one month and then £2000 the next? Or does it have to be set amounts each month?