Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate she has made of the number of first-time buyers unable to use Lifetime ISA savings towards home purchases due to house price limits being exceeded.

HMRC does not collect information on the sale price of houses in the UK when the individual is unable to utilize a Lifetime ISA. HMRC publishes information on withdrawal charges, but are unable to distinguish if charges were incurred due to a planned house purchase exceeding the £450k price limit.

ONS publish house price statistics here: House price data: annual tables - Office for National Statistics

Within this ONS publication, First Time Buyers are split into price bands by calendar year (Table 34), but do not distinguish whether purchasers held a Lifetime ISA.