Written Question·Treasury·UIN 81778

Individual Savings Accounts: First Time Buyers

Tabled: 13 October 2025

Answered: 17 October 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, what estimate she has made of the number of first-time buyers unable to use Lifetime ISA savings towards home purchases due to house price limits being exceeded.

Answer

Lucy Rigby

HMRC does not collect information on the sale price of houses in the UK when the individual is unable to utilize a Lifetime ISA. HMRC publishes information on withdrawal charges, but are unable to distinguish if charges were incurred due to a planned hous...

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