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The Independent UK
The Independent UK
Business
Lisa-Marie Voneshen

Should I use a Lifetime ISA to save for a home - or wait for the new FTB ISA?

ISA Rajan Lakhani Brian Byrnes Lisa

Buying your first home is exciting, but saving up can be hard, with the average deposit amounting to £61,090, according to Halifax.

There are many ways to build a deposit, including using a lifetime individual savings account (LISA). However, choosing between a cash or stocks and shares LISA, and the First Time Buyer (FTB) ISA which will replace LISAs in due course, can be difficult.

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