Written Question·Treasury·UIN 76544

Individual Savings Accounts: Reform

Tabled: 10 September 2025

Answered: 15 September 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, whether she plans to bring forward proposals to reform the Lifetime ISA scheme in the Autumn Budget 2025.

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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