A Lifetime ISA gives you a 25% government bonus on up to £4,000 a year — that's up to £1,000 of free money every year toward your first home or retirement. See exactly how it adds up.
LISA contributions are capped at £4,000/year (£333/month). A 25% government withdrawal charge applies if funds are accessed for any other reason than a first home purchase or retirement at 60. For educational purposes only — not financial advice.
Over 5 years, you'll earn £3,000 in government bonuses — on top of every penny you put in. That's £1,000 per year of free money, just for saving.
Your LISA can be used toward any UK first home worth up to £450,000. The bonus is paid directly to your conveyancer at completion — you never receive it as cash.
The LISA bonus is one of the best deals available to young UK savers, but there are rules and traps worth knowing. Our free courses explain everything clearly — no jargon.
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