If you’re saving for a first home that will cost less than £450,000, a Lifetime ISA could be a good choice. You can put up to £4,000 a year into one – and the government will add 25% to everything you save. Depending on the LISA you choose, you can save cash or invest in stocks and shares.
A Lifetime ISA could be right for you if you:
are planning how you’ll buy your first home
want to get a savings top-up from the government
are aged between 18 and 39, with plans to buy somewhere before you’re 50 at the oldest.