PARLIAMENTARY WRITTEN QUESTION
(7 January 2025)
Question Asked
To ask the Chancellor of the Exchequer, whether her Department plans to review the Lifetime ISAs property price limit.
Asked by:
Alex Brewer (Liberal Democrat)
Asked by:
Alex Brewer (Liberal Democrat)
Answer
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.
Answered by:
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