First Time Buyers: Individual Savings Accounts
(asked on 5th June 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment her Department has made of the impact of the Lifetime ISA £450,000 cap on first time buyers in areas with high land prices, such as Henley and Thame constituency.
This question was answered on 15th June 2026
Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has increased, it is still below the LISA property price cap in all regions of the UK except for London, where the average price paid is affected by boroughs with very high property values.
The Government keeps all aspects of savings tax policy under review.