MoneySavingExpert News

Lifetime ISA

Spring Budget 2024: No change to Lifetime ISAs in blow to Martin and MSE's campaign – but a shake-up could still be on the table

In a blow to first-time buyers – as well as to MoneySavingExpert.com and its founder Martin Lewis's campaign – there were no changes to the rules on Lifetime ISAs announced in today's Spring Budget.

6 March 2024

Martin Lewis: Is a Lifetime ISA win coming in the Budget?

A penalty paid by first-time buyers accessing savings in Lifetime ISAs (LISAs) when buying homes above the scheme's £450,000 property price limit could be scrapped by the Chancellor in his Spring Budget, it's been reported.

22 February 2024

Chancellor suggests Lifetime ISA changes are on the horizon as Martin Lewis urges him to help 'trapped' savers

The Chancellor Jeremy Hunt has hinted help could be on the way for first-time buyers who face losing £1,000s of their own savings when withdrawing funds from Lifetime ISAs (LISAs) to buy homes above the scheme's property price limit. Martin Lewis challenged Mr Hunt over the issue during an interview in the latest episode of ITV's The Martin Lewis Money Show Live.

11 January 2024

Autumn Statement: ISA shake-up announced – though no win for Lifetime ISA savers

A raft of changes for savers using ISAs – savings accounts where you'll never pay tax on the interest – have been announced by the Chancellor in today's Autumn Statement.

22 November 2023

Martin Lewis: Chancellor needs to fix dead duck Lifetime ISAs to stop first-time buyers being fined to access their own money

Young savers should not be essentially fined – and lose their hard-saved cash – when they purchase homes above the scheme's £450,000 limit.

6 November 2023

Martin Lewis: One week ISA 'use it or lose it' warning

Interest rates are up, so ISAs are back for many - yet you need to sort them by 5 April (or likely sooner).

28 March 2023

Martin Lewis: Outdated LISA rules COSTING first-time buyers and need a radical overhaul

Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.

22 January 2023

Share Centre LISA customer? Transfer to a new provider now if you don't want your savings moved to OneFamily and invested

Share Centre Lifetime ISA customers will see their accounts transferred to OneFamily in July, while any cash currently held will be automatically invested.

3 June 2021

100,000s of Help to Buy ISAs opened in week before deadline – here's what to do if you missed out

Over 40% of Nationwide's Help to Buy ISA accounts were opened in the final week before the deadline, as a last-minute rush saw over 300,000 applications at the building society alone - but if you missed out, you can still boost your savings with a Lifetime ISA

9 December 2019