Our Lifetime ISA has moved
The Lifetime ISA is now available with Beehive Money via the app and the website for existing members. Existing online Lifetime ISA customers will now have been migrated from The Nottingham to Beehive Money and they’ll now be a part of a sociable saving community with helpful tools and easy-to-use features. Beehive Money is designed to help you track and manage your savings effortlessly.
If you don’t already have a Nottingham Building Society LISA, download the Beehive Money app to join the VIBee waiting list so you can be the first to know when new applications are being accepted.
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We will continue to manage Lifetime ISAs where customers opened them in one of our branches. If you have a branch-based LISA and would like more information about your account, an adviser at your nearest branch will be happy to help.
If you haven't yet opened a Lifetime ISA and would like more information so you can decide if it's the right account for you, take a look at some general details below or read Beehive Money's FAQs.
What is a Lifetime ISA?
A Lifetime ISA is a type of ISA (an Individual Savings Account) for first-time buyers or those looking to save for later life. A maximum of £4,000 can be deposited each tax year, and the Government will award a bonus of 25% annually (up to a limit of £1,000 each year) until you reach your 50th birthday. For every £4 you save, you’ll receive a £1 Government bonus - you can then use this money to put towards your first house, or your retirement.
Am I eligible for a Lifetime ISA?
To qualify for a Lifetime ISA, you must be a UK resident aged 18 to 39 and saving towards your first home or retirement.
Interested to find out more?
You can read more frequently asked Lifetime ISA questions from Beehive Money here.