Written Question·Treasury·UIN 81777
Individual Savings Accounts: Young People
Tabled: 13 October 2025
Answered: 21 October 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Chancellor of the Exchequer, what assessment she has made of the barriers faced by young people in accessing the Lifetime ISA.
Answer
Lucy RigbyThe Lifetime ISA encourages younger people to save towards later life at the same time as being able to save for their first home. The Lifetime ISA is open to all UK residents of the UK aged 18 or over and is offered by a range of providers. As of 2023/24...
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