questionText: To ask the Chancellor of the Exchequer, if she will commission research into the potential impact of the (a) property price limit and (b) exit penalty on first-time buyers who wish to use Lifetime ISAs to buy a property.
answerText: Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers remains below the LISA property price cap in all regions of the UK.Any unauthorised withdrawals are subject to a 25% withdrawal charge. This recoups th...
heading: Individual Savings Accounts