questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the 25% withdrawal penalty on Lifetime ISAs on the level of first-time buyers purchasing a property valued marginally above the £450,000 cap.
answerText: The Lifetime ISA (LISA) is designed to help people buy their first home or save for later life. You can withdraw funds (plus a government bonus) to buy a first home under £450k, from age 60, or if terminally ill.Data from the latest UK House Price Index s...
heading: Individual Savings Accounts