Written Question·Treasury·UIN 49527
Individual Savings Accounts
Tabled: 30 April 2025
Answered: 12 May 2025
Question
Pippa Heylings
Liberal Democrat — South Cambridgeshire
To ask the Chancellor of the Exchequer, whether her Department has considered changing the withdrawal percentage for Lifetime ISAs.
Answer
Emma ReynoldsThe Lifetime ISA (LISA) is designed to support people to achieve the aspiration of homeownership, or to build up savings for their later life. LISA funds, including any Government bonus, can be withdrawn for the purchase of a first home under £450,000, in...
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