Written Question·Treasury·UIN 108878

Individual Savings Accounts

Tabled: 27 January 2026

Answered: 4 February 2026

Question

Bobby Dean

Liberal Democrat — Carshalton and Wallington

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of reforming the Lifetime ISA, rather than replacing it with a new product.

Answer

Lucy Rigby

At Autumn Budget 25 the government announced that it will publish a consultation in early 2026 on the implementation of a new, simpler ISA product to support first time buyers to buy a home. Once available, this new product will be offered in place of the...

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