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[UK] What actually happens with my Help To Buy ISA when I buy my first home.
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GaZzErZz is in United Kingdom
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I'm being told that the ISA has to go towards the purchase of the property and nothing else.

I was also told it doesn't go towards the deposit.

I was also told it just all comes from the same pot so it doesn't really matter.

So what happens? I know at some point I need to close my ISA account, get a letter and give it to my solicitor. Does that money then come back to me? Then what can I use it for.

No matter what I read I still don't understand it, and it has been made out in such a way, it is ultimately confusing for first time buyers.

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6 years ago