| Body | This might be a stupid question, but I can't find out the answer anywhere online.
So I'm thinking of buying a flat in Glasgow and I'm trying to sort out my finances. I have a LISA with about 25k in it and will be looking to spend about 130k (including the mortgage).
I understand that in Scotland you need to be able to pay a deposit to the lender, and anything over the home report value you also need to cover in cash.
My question is, can I use this money in my LISA to go towards the offer over the home report, as well as the 10% deposit (assuming I can afford it), or can a LISA only be used to pay for the deposit the lender asks for? |
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