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Individual Savings Accounts: Fees and Charges

Asked by Sir James CleverlyConservativeTreasuryTabled Answered 17 November 2025UIN 87787

The question

To ask the Chancellor of the Exchequer, how many people have received a Lifetime ISA 25% withdrawal charge in the last 12 months for which figures are available.

Answered by Lucy Rigby

In the latest year 2024-25, 129,200 individuals made unauthorised withdrawals from their Lifetime ISA, resulting in 25% withdrawal charges.

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