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Closed Increase Lifetime ISA property price cap for London

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The current LISA scheme offers the opportunity to get a 25% bonus on deposits up to £4,000 a year, but it can only be used for properties up to £450,000, which can be hard to find in London.

The Government has the power to amend this scheme to make it easier for first time buyers, by increasing the property price cap for London.

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    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 30 May 2024.