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United Kingdom · Question · Written question

UIN 97010

Housing: Prices

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 January 2022

Last action

10 January 2022 · Answer

Status

Answered

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Subjects

Housing

Source updated

10 January 2022

Housing

Summary

To ask the Chancellor of the Exchequer, if he will make it his policy to increase the £450,000 property cost limit for Lifetime ISAs in line with house price inflation.

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Timeline

  1. 4 January 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make it his policy to increase the £450,000 property cost limit for Lifetime ISAs in line with house price inflation.

    Source: Commons

  2. 10 January 2022

    Answer

    The Lifetime ISA is intended to support younger people saving for their first home or for later life by offering a generous government bonus of 25% on up to £4,000 of savings each year. These funds, including the government bonus, can be used to purchase ...

    Source: Written answer

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