Individual Savings Accounts
Commons · Question 50484 · Tabled 7 May 2025 · Treasury · Official record
Answered 14 May 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, what information her Department holds on usage of the Lifetime ISA by region; and if she will make an assessment of the potential impact of the Lifetime ISA price cap on prospective first-time buyers in each region.
Answer
Answered by Emma Reynolds, 14 May 2025
At the request of the Treasury Select Committee, HMRC recently released regional data on the Lifetime ISA.HMRC Letter to Treasury Select Committee Data from the latest UK House Price Index shows that while the average price paid by first-time buyers has i...