Written questions

Individual Savings Accounts

Commons · Question 76768 · Tabled 11 Sep 2025 · Treasury · Official record

Answered 19 Sep 2025

Question

Asked by Jess Brown-Fuller

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential (a) impact of the Lifetime ISA price cap on prospective first-time buyers in the South East and (b) merits of introducing regionalised property caps on Lifetime ISAs.

Answer

Answered by Lucy Rigby, 19 Sep 2025

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 bor...