13/05/2026
Using a Lifetime ISA (LISA) to save for your first home? 🤔
A LISA can be a great way to grow your deposit, as the government rewards you with a 25% bonus on whatever you save* 💸
For example, if you save £4,000 in a year, you’ll receive a £1,000 bonus. Once that bonus is paid into your account, it becomes part of your total savings, meaning it can also earn interest or investment returns over time.
However, there are ongoing discussions around LISAs which could see the way this is paid change...
It’s believed that the changes may see the bonus paid once the property purchase is made - rather than monthly - and that the 25% withdrawal penalty will be scrapped.
This would increase flexibility around your funds but could impact your long-term saving potential.
Watch as Joao from breaks down some of the potential changes and what it could mean for you. 💰
*Up to £1,000 bonus per tax year
