Trapped by the lifetime ISA: a costly catch for first-time buyers

Many young people saw the Lifetime ISA as their ticket onto the housing ladder. But with soaring property prices and a rigid price cap, thousands are now facing unexpected penalties - some are losing thousands in government withdrawal fees. Writer: Barney MacintyreProducer: Patricia ClarkeExecutive Producer: Jasper Corbett Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

Many young people saw the Lifetime ISA as their ticket onto the housing ladder. But with soaring property prices and a rigid price cap, thousands are now facing unexpected penalties - some are losing thousands in government withdrawal fees. Writer: Barney MacintyreProducer: Patricia ClarkeExecutive Producer: Jasper Corbett Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on January 30, 2025.

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