I want the Government to increase the value of the maximum purchase price for a home when using the Lifetime ISA (LISA) scheme.
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The current maximum value of a property that can be purchased using a LISA as a first-time buyer is £450,000. This is not enough, especially due to house price increases in the last few years.
In many areas you are simply unable to buy a suitable home for £450,000. Especially due to the 10-20% increase in house prices over the last few years. The £450,000 home price limit should be increased, to at least £500,000.