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

November 6, 2023by Jay Shah

Martin Lewis, MoneySavingExpert.com’s (MSE’s) founder and chair, is today strengthening his call for the Chancellor to overhaul the Lifetime ISA (LISA) in his 22 November Autumn Statement. Young savers should not be essentially fined – and lose their hard-saved cash – when they purchase homes above the scheme’s £450,000 limit. This is a problem that leaves far more at risk now than when LISAs launched in 2017. 

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