If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change. 

Lifetime ISA

If you're 18-39, save up for your first home or retirement with our
hassle-free Lifetime ISA.

Lifetime ISA benefits

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25% government bonus

Receive a bonus on all the money you pay in.

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Experts handpick and manage your investments.

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No Capital Gains Tax or further Income Tax to pay on profits.

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No account fees

No dealing fees, initial fund charges or monthly admin fees.

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Investments to suit you

Simply choose between (or blend) cautious, balanced or adventurous.

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Invest up to £4,000 this tax year

Your Lifetime ISA limit counts towards your annual ISA allowance.

A Lifetime ISA to suit you

You can invest in one or a combination of our three multi-manager funds of funds, depending on your attitude to risk and investment aim. They each contain a range of funds from well-known providers, which enables you to benefit from their expertise and spread risk by diversifying across different markets and sectors.

Lifetime ISA costs

Your fund’s annual management charge and ongoing charge (see links above) are taken from the fund itself, so you don’t need to worry about paying them separately. There are no account fees, dealing fees, or initial fund charges to pay.

Cash withdrawals

3-5 day transfers Free
Same day transfer £25
Overseas £50 (restrictions apply)
Cheque £25

Before making a withdrawal, please read the important considerations below.

Optional services

Statements & contract notes by post rather than email £2.40 per month


Transfer to another provider £25 per account


Bounced cheque or unpaid Direct Debit £25
Deceased customer account administration £100
Overdue fee charge - Sell stock (per investment) £7.50 (To recover overdue fees on your account we may need to divest the equivalent value of your investments, plus this additional charge to cover the cost of the trade)

Costs and charges illustration

To give you a feel for the costs involved, our cost sheet includes an illustration of costs you will pay, based on how much you invest and what type of investments you choose.

Download Black View costs & charges sheet

Payment of charges

Ongoing fund charges are automatically taken from your fund. If you opt for postal statements & contract notes, the fee will be collected from your account on the 26th of each month, or the next business day.

What interest will be paid on cash?

Gross interest on any cash you hold will be credited to your account quarterly at the Bank of Scotland base rate, minus 3.5% (min. 0%). We may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.

Important considerations

  • You will incur a 25% government charge on any money you withdraw before you are 60, unless you are using it to buy your first home or are terminally ill. Therefore, you may get back less than you pay in. You may also incur this charge if you transfer your Lifetime ISA to another type of account.
  • If you invest in a Lifetime ISA instead of a pension, you may lose the benefit of your employer’s contributions. It also might affect your current and future entitlement to means tested benefits. If in doubt, please seek independent financial advice.
  • Lifetime ISA benefits and allowance could change in the future.

Why invest with us?

Tips and tools

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Our comprehensive range of investment tips and tools make it easy to choose and manage your investments.

Safe & secure

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As one of the UK’s leading stockbrokers, we are authorised and regulated by the Financial Conduct Authority (FCA).


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We’re proud to be regularly recognised by industry awards for our outstanding customer service.