Written Question·Treasury·UIN 11013
Individual Savings Accounts: First Time Buyers
Tabled: 24 October 2024
Answered: 29 October 2024
Named DayQuestion
Helen Hayes
Labour — Dulwich and West Norwood
To ask the Chancellor of the Exchequer, if she will review the Lifetime ISA withdrawal limit to support first time buyers in London.
Answer
Tulip SiddiqThe Lifetime ISA (LISA) property price cap supports most first-time buyers across the UK while targeting households that might find it most difficult to get on the property ladder. Data from the latest UK House Price Index shows that while the average pri...
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