Martin Lewis explains, 'It has to have been open for one year before you get the first-time buyer bonus. So my big tip to anyone this maybe worthwhile for is get that £1 in. You put £1 in and the clock is ticking, and then when you want to use it you can put your money in and get the bonus.'
One success story was shared on The Martin Lewis Show, with viewer Tom quoted as saying, 'I put £1 in, back in 2021/22 when this was mentioned to activate. Started looking in 2022, and completed beginning of 2023. Thankfully I could use the LISA and got £1,000 for free. Thank you Martin!'
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