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United Kingdom · Question · Written question

UIN 74436

Individual Savings Accounts

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 September 2025

Last action

11 September 2025 · Answer

Status

Answered

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Discovery layer

Source updated

11 September 2025

Summary

To ask the Chancellor of the Exchequer, what recent analysis she has made of the potential impact on the economy of Lifetime ISA savers defering utilising the scheme for purchasing houses due to the house price restriction and withdrawal penalty.

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Timeline

  1. 2 September 2025

    Written question

    To ask the Chancellor of the Exchequer, what recent analysis she has made of the potential impact on the economy of Lifetime ISA savers defering utilising the scheme for purchasing houses due to the house price restriction and withdrawal penalty.

    Source: Commons

  2. 11 September 2025

    Answer

    The LISA encourages younger people to save towards later life at the same time as being able to save for their first home. Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has increased, it is still be...

    Source: Written answer

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