Individual Savings Accounts
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 March 2026 to Question 121139, when does her Department plan to publish its consultation on introducing a new ISA product for first time buyers.
Answered by Rachel Blake
The Government recognises that the LISA is not working for everyone. That is why we intend to shortly publish a consultation setting out further information about the design and implementation of a new simpler first time buyer ISA product. Once available this will be offered in place of the Lifetime ISA.
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