No, you currently cannot transfer a Lifetime ISA to Beach.
We currently don’t provide the ability to open and save within a Lifetime ISA.
A Lifetime ISA is an account to help you save towards your first home, with a 25% bonus added from the government. You can save up to £4,000 per tax year (April 6th to April 5th the following year).
They have some limitations, such as having a maximum property purchase price of £450,000, which can exclude much of the higher property value areas such as London. This means they’re not right for everyone, but a great option to those it’s suited for.
With Beach you can save within a tax-free ISA where your money is invested with the aim of growing further over time.
This could be a great addition to your Lifetime ISA if you are fortunate enough to be able to save more than the maximum allowance of £4,000 per year for a Lifetime ISA. Our ISA has a higher yearly limit of £20,000 so you can continue saving.