The TL;DR
You can open a LISA aged 18–39 and pay in up to £4,000 a year. The government adds 25% — up to £1,000 a year. It can go towards a first home costing up to £450,000.
The detail
- Taking money out for anything else (except at 60 or if terminally ill) costs 25% of the amount, which is more than the bonus.
- You need to have had the account for 12 months before using it for a house.
- The £450,000 price cap hasn’t changed since 2017.
Your 5-minute move
Your 5-minute move
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Related questions
Receipts · checked 9 November 2026