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Lifetime ISA changes - is it still worth putting money into it?

whoknows78
whoknows78 Posts: 1 Newbie
in House buying, renting & selling

I opened up a lifetime ISA to begin saving for a first time house. With the potential changes to the LISA and uncertainty around it, is it still worth putting money into it at the moment or should I put my payments on hold until there is further clarity around it all? I'm still trying to get my head around it all and want to make the best decisions so genuine and caring advice only please!

Comments

  • DE_612183
    DE_612183 Posts: 4,203 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    I think they are changing "new" LISA, but existing ones will work as before - check out google and a couple of articles to see what that means to your circumstances.

    From what I've read it's the Retirement bits thats going - not the buying a house bit.

  • Albermarle
    Albermarle Posts: 31,280 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    A similar question asked in the ISA forum.

    Emerging LISA future rules — MoneySavingExpert Forum

    It would appear that any new rules are still being consulted on, and most likely a lot of what you might read is more just speculation than anything else.

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