Individual Savings Accounts: First Time Buyers
(asked on 2nd September 2016) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will make it his policy to amend the Lifetime ISA proposal so that the 25 per cent government bonus can be used towards a deposit on a first home.
This question was answered on 12th September 2016
As is usual with new financial products, the Government continues to work closely with industry on the finer details of the policy, including on the operation of withdrawals for first house purchase. Ministers will provide a statement on the position in due course.