Written Question·Treasury·UIN 40302

Individual Savings Accounts

Tabled: 21 March 2025
Answered: 31 March 2025

Question

Mr Tanmanjeet Singh Dhesi

Labour — Slough

To ask the Chancellor of the Exchequer, whether she plans to alter her policies on the (a) eligibility (b) use (c) thresholds for London house prices and (d) withdrawal penalties criteria for the Lifetime ISA.

Answer

Emma Reynolds
The Lifetime ISA remains narrowly focused on supporting people to achieve the aspiration of home ownership, or to build up savings for later life. The property price cap supports most first-time buyers across the UK while targeting households that may fin...
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