u/Desperate_Team_7125

I'm considering opening a LISA to help me finally get on the property ladder (I'm 31, wishing I'd thought about this years ago but didn't really have the discipline in my 20s).

My parents live abroad (in the EU) in a house they own outright. Unfortunately they're both quite old and have had various health problems, so I realistically I need to consider that I may inherit sooner rather than later (not something I enjoy thinking about but that's the situation).

I would be selling the place ASAP with no intention to live there myself or rent it out. My question is would inheriting a non-UK property mean I no longer qualified as a first time buyer for LISA purposes? I've read through the gov page on LISAs and it's a bit vague. I don't want to put thousands into an account that I then can't access until I'm 60.

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u/Desperate_Team_7125 — 11 days ago