Closed petition Increase the Lifetime ISA house price limit in line with inflation

Adjust the Lifetime ISA house price limit to reflect current market values, allowing first-time buyers in high-cost areas access to homes under this program.

More details

We think the £450,000 limit, set in 2017, no longer reflects housing affordability. UK house prices have risen by around 25%, with London’s average now around £525,000. We believe many first-time buyers are unable to use the Lifetime ISA to purchase in high-cost areas, limiting access to government assistance for young buyers. We think an updated limit would help bridge the gap in today’s housing market.

This petition is closed All petitions run for 6 months

299 signatures

Progress of the petition towards its next target: 299 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 28 May 2025
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