Latest from Sally Dray
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Martin Lewis: Outdated LISA rules COSTING first-time buyers and need a radical overhaul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
The Lifetime ISA is in need of a radical overhaul – here's why
Lifetime ISAs were introduced in 2017 and offer a 25% bonus on savings for buying a first home or retirement. But, first-time buyers can only use their LISA savings towards a £450,000 home - a cap that hasn't kept up with rising house prices in the UK, and is in need of a radical change.
12 May 2023