Individual Savings Accounts

(asked on 11th June 2026) - View Source

Question to the HM Treasury:

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 Portrait
Rachel Blake
This question was answered on 17th June 2026

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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