questionText: To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential merits of reducing the penalty charge to 20% for people (a) with Lifetime ISAs and (b) whose first property costs more than £450,000.
answerText: The Government is committed to supporting people of all incomes and at all stages of life to save, and to making the aspiration of home ownership a reality for as many households as possible. The Lifetime ISA is intended to support younger people saving f...
heading: Individual Savings Accounts: First Time Buyers