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Evening Standard
Evening Standard
Vicky Shaw

Some first-time buyers accessing bumper Lifetime Isa deposits of £50,000-plus

Plum HMRC
More than 42,800 Lisa withdrawals to buy a home in 2022-23 were for at least £10,000, according to HMRC figures obtained by money app Plum (Nick Ansell/PA) - (PA Archive)

Some first-time buyers had more than £50,000 to put towards the cost of their property in 2022-23 after saving into Lifetime Isas, according to HM Revenue and Customs (HMRC) figures.

Lifetime Isas, or Lisas, were launched to help people get a foot on the housing ladder or help them save for later life.

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