Written Question·Treasury·UIN 109384

Individual Savings Accounts: First Time Buyers

Tabled: 28 January 2026

Answered: 2 February 2026

Named Day

Question

Sojan Joseph

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of increasing the Lifetime ISA property price limit above the current £450,000 threshold for first-time buyers.

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...

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