Your LISA bonus is based on your total monthly contributions - you'll receive your bonus at the end of the following month after your contribution is collected.

HMRC doesn't pay out bonuses on a set date each month, but this is typically in the final week of the month, usually between the 24th and the end of the month.

LISA bonus ‘windows’ run from the 6th of the month to the 5th of the following month (e.g. the 6th of January to the 5th of February would be the January bonus window). If you have a collection for your LISA during this period, you’ll receive the bonus at the end of the following month - in this example this would be at the end of February 👍

If you have a pending bonus, you can see when this is due to be paid in Discover > Tools > Lifetime ISA Bonus. (Please note, you'll need to be on the latest app version to see this!)

If you're due to complete on your property purchase after your pending LISA bonus is due to be paid, we should still be able to withdraw this bonus and send the funds to your solicitor. When we liaise with your solicitor to complete your withdrawal, they are able to indicate whether they’d like us to include any future bonuses due to be paid into your LISA, or a specific amount.

If they opt for us to include further bonuses, we’ll typically pay these out separately once they have been paid into your LISA. Please note that once your bonus is paid out by HMRC and is available to withdraw, it can take up to 3 working days (for Cash LISAs) or 10 working days (for S&S LISAs) for the withdrawal to complete.

If your completion date is before the bonus is due to be paid, you can either leave the bonus funds in your account, as your LISA can also be used to save towards retirement, or you can withdraw the bonus to your linked bank account.

Please note, if you did choose to withdraw, the 25% government penalty would apply, as you would have already withdrawn for your first home purchase.