Written Question·Treasury·UIN 87787

Individual Savings Accounts: Fees and Charges

Tabled: 4 November 2025
Answered: 17 November 2025

Question

Sir James Cleverly

Conservative — Braintree

To ask the Chancellor of the Exchequer, how many people have received a Lifetime ISA 25% withdrawal charge in the last 12 months for which figures are available.

Answer

Lucy Rigby
In the latest year 2024-25, 129,200 individuals made unauthorised withdrawals from their Lifetime ISA, resulting in 25% withdrawal charges.