I thought that this is not allowed.
I currently have a Help to Buy ISA and paying in £200 monthly. I was thinking of opening a Lifetime ISA on 6th April and putting £1,600 in and continuing the Help to Buy monthly pay in.
Then on 5th April 2018 (or before to be safe it goes through) transferring Help to Buy ISA into Lifetime ISA.
Would this not conflict with not being allowed to pay into 2 ISA's in a tax year?
Is this what is suggested here on Moneysavingexpert;http://blog.moneysavingexpert.com/2016/07/25/24984/
Does this not suggest that if you put £1 or £1,600 (doesn't matter) into Lifetime ISA at any time between 6th April 2017 - 6th April 2018, then you can't continue to paying into Help to Buy as this would conflict?