Increase The Lifetime ISA House Price Cap to Reflect Inflation
The LISA house price cap of £450,000 set in 2017 does not reflect the current financial landscape, with inflation adjusting this sum to around £625,000. I believe the cap should be adjusted to this figure, and re-adjusted annually or bi-annually, in line with trends of inflation.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 10 MAR 2026Petition rejectedduplicate
You may wish to sign this petition which calls for similar action: https://petition.parliament.uk/petitions/757202
- 20 JAN 2026Petition created
Background
This change would allow more FTBs to benefit from the scheme, reducing a barrier to entry in the housing market and encouraging home ownership.