{"id":131395,"date":"2022-11-06T18:30:54","date_gmt":"2022-11-06T11:30:54","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-saving-scheme-stopping-some-from-buying-a-home\/"},"modified":"2022-11-06T18:38:39","modified_gmt":"2022-11-06T11:38:39","slug":"lifetime-isa-saving-scheme-stopping-some-from-buying-a-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-saving-scheme-stopping-some-from-buying-a-home\/","title":{"rendered":"Lifetime Isa saving scheme \u2018stopping some from buying a home\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nMPs and campaigners call for urgent review of property price cap for UK government schemeA government scheme to help people save for their first home is preventing some from buying a property and leaving others thousands of pounds out of pocket, MPs and campaigners have said.They are calling on ministers to conduct an urgent review of the rules that apply to the lifetime Isa \u2013 which lets people save for a first home or retirement \u2013 because of fears they are penalising some first-time buyers. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/nov\/06\/uk-government-saving-scheme-stopping-buying-home-lifetime-isas\" target=\"_blank\" rel=\"noopener\">Lifetime Isa saving scheme \u2018stopping some from buying a home\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; MPs and campaigners call for urgent review of property price cap for UK government schemeA&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-131395","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ybh","jetpack-related-posts":[{"id":148758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-lifetime-isa-no-longer-fit-for-purpose\/","url_meta":{"origin":131395,"position":0},"title":"Is the lifetime Isa no longer fit for purpose?","date":"January 11, 2025","format":false,"excerpt":"\r Martin Lewis says the saving scheme proved a big hit but is starting to penalise the very people it sought to helpIt appears to be proving a hit with millennials and generation Z but has also come under fire for the \u201cunfair\u201d sting in its tail. The lifetime Isa\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135603,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lifetime-isa-home-buying-scheme-is-a-flop-so-why-wont-the-treasury-fix-it-henry-hill\/","url_meta":{"origin":131395,"position":1},"title":"The lifetime Isa home-buying scheme is a flop, so why won\u2019t the Treasury fix it? | Henry Hill","date":"March 23, 2023","format":false,"excerpt":"\r They were designed to help first-time buyers, but lifetime Isas are so restrictive they risk turning into a financial trap for many young peopleOf all the counter-productive, demand-stimulating measures successive governments have introduced to try to palliate the effects of endlessly climbing house prices, the lifetime Isa may have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mis-buying-warning-over-lifetime-isa\/","url_meta":{"origin":131395,"position":2},"title":"&#039;Mis-buying&#039; warning over lifetime Isa","date":"November 14, 2016","format":false,"excerpt":"\r Former pensions minister Steve Webb questions suitability of the new government-backed Isa which comes with high exit penaltiesA new type of savings account aimed at under-40s and available from next spring could result in a \u201cmis-buying\u201d scandal, a former government minister has claimed.The lifetime Isa (pdf), unveiled by George\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-you-resist-lisa-out-to-lure-you-into-saving-for-a-property-or-retirement\/","url_meta":{"origin":131395,"position":3},"title":"Should you resist Lisa \u2026 out to lure you into saving for a property or retirement?","date":"April 17, 2017","format":false,"excerpt":"\r The Lifetime Isa was launched this month, offering a tax-free wrapper and 25% bonus. But do weigh up the pros and cons, says Harriet MeyerYou know you should save for retirement, and since the introduction of the Lifetime Isa there are more options than ever. Launched on 6 April\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-use-my-lifetime-isa-to-buy-a-house-to-rent-out-or-wait-until-i-leave-the-forces\/","url_meta":{"origin":131395,"position":4},"title":"Should I use my lifetime Isa to buy a house to rent out or wait until I leave the forces?","date":"October 30, 2023","format":false,"excerpt":"\r Once I have left I intend to make a purchase with my girlfriend but need advice as a first-time buyerQ I am currently planning on using my first-time buyer lifetime Isa to buy a house to rent out. I am in the forces and so I am able to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-isa-offers-a-helping-hand-on-to-the-housing-ladder\/","url_meta":{"origin":131395,"position":5},"title":"Help-to-buy Isa offers a helping hand on to the housing ladder","date":"November 28, 2015","format":false,"excerpt":"\r Young people struggling to save for their first home are now being offered a help-to-buy Isa, which comes with a tax-free handout from the government. We pick through the detailsA tax-free payment from the government of up to \u00a36,000 for couples buying their first home, and interest rates of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131395"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=131395"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131395\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}