Getting a foot on the property ladder has become increasingly difficult for first-time buyers in recent years due to rising house prices and soaring interest rates.
Those who are saving up to buy their first house are often advised to take advantage of the government schemes available, but Martin Lewis has now issued a warning to any first-time buyer using a Lifetime ISA.
Lifetime ISAs, also known as LISAs, are a type of savings account that helps people save for either their first house or their retirement. The main benefit of a LISA is that the government will give you a free 25 percent bonus on top of what you save each tax year.
