Written Question·Treasury·UIN 76542

Individual Savings Accounts

Tabled: 10 September 2025

Answered: 15 September 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, whether she plans to introduce an indexation mechanism to ensure the Lifetime ISA property price cap remains in line with (a) inflation and (b) housing market trends.

Answer

Lucy Rigby

Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has increased, it is still below the Lifetime ISA (Individual Savings Accounts) property price cap in all regions of the UK except for London, where the...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 76542) →