Yes, Hargreaves Lansdown’s Lifetime ISA is a great way to take advantage of the 25% government bonus with you £4,000 Lifetime ISA allowance as fees are low and there are a huge amount of markets to invest in.
When you deposit money into a Hargreaves Lansdown lifetime ISA, the government will top that amount up by up to 25%. It is one of the best ways to get a head start save for your first home, or to save for your retirement.
Hargreaves Lansdown’s Lifetime ISA also benefits from free account opening.
In terms of administrative fees for the lifetime ISA, Hargreaves Lansdown operates a scaled charging system with a fee of 0.25% on the first £1.0 million of investments, if that money is held in funds
Those charges fall to 0.1%, for fund holdings worth between £1.0 and £2.0 million and fall to zero for investments that are larger than £2.0 million.
However, if the investor only holds UK and overseas equities, investment trusts, ETFs, VCTs or Gilts and other bonds, in their Lifetime ISA, then fees are charged at 0.25% capped at a maximum of £45.0 per annum.
The HL LISA is geared more towards more confident investors Hargreaves Lansdown gives you one of the most flexible Lifetime ISAs where you can choose exactly what to invest in. With the HL LISA you can invest in over 3,000 funds, UK and international shares as well as investment trusts, bonds and ETFs.
Compare Hargreaves Lansdown to alternative Lifetime ISAs below:
| Lifetime ISA Provider | LISA Fees | Min Deposit | Managed or DIY? | GMG Rating | More Info |
|---|---|---|---|---|---|
 | 0.25% | £1 | DIY | See LISA Offer Capital at risk |
|
 | 0.25% | £500 | DIY | See LISA Offer Capital at risk |
|
 | 0.45% - 0.75% | £100 | Managed | See LISA Offer Capital at risk |
|
 | 0.15% | £100 | Managed | See LISA Offer Capital at risk |
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