Can I transfer in funds from an existing ISA to my LHX ISA?
Yes, you can transfer full or part balances from existing Cash ISAs, Stocks & Shares ISAs and Innovative Finance ISAs into the LHX ISA. Once you have opened your ISA account with us, the option to transfer is available in your ISA portfolio dashboard.
Transfers from cash ISAs should complete within 14 days and transfers from stocks and shares ISAs should complete within 30 days, to give the existing ISA provider time to sell any applicable investments. Cash balances held in other innovative finance ISAs can also be transferred into the LHX ISA.
IMPORTANT: Do not withdraw the money yourself from your existing ISAs. Doing so may result in you losing the ISA wrapper and associated tax benefit on those funds. At LHX we take care of the process for you to ensure the ISA status of your investments remains intact.
Transferring is easy, once you have completed the transfer request form, we will take care of the whole process for you and liaise with the other ISA provider you want to transfer from - you don’t need to contact them yourself. LHX incurs a cost on ISA transfers from another ISA provider, but we will not pass this on to you for transfers of £2000 and above. Transfers in below £2000 will incur a £35 transfer fee. There is no maximum amount you can transfer in and transfers in, do not contribute to your annual ISA subscription allowance.
Can I transfer out to another provider?
Yes. Please contact us for details on how to transfer your LHX IFISA to another provider.
To read our ISA terms and conditions, click here.
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