{"id":62852,"date":"2017-08-05T13:00:04","date_gmt":"2017-08-05T06:00:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-proving-popular-as-young-savers-rush-to-snap-them-up\/"},"modified":"2017-08-05T13:04:00","modified_gmt":"2017-08-05T06:04:00","slug":"lifetime-isa-proving-popular-as-young-savers-rush-to-snap-them-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-proving-popular-as-young-savers-rush-to-snap-them-up\/","title":{"rendered":"Lifetime Isa proving popular as young savers rush to snap them up"},"content":{"rendered":"


\nAround 28,000 people have taken out Skipton building society\u2019s cash Lisa, while Hargreaves Lansdown has opened 22,000 accountsThey launched with a whimper rather than a bang, but four months on, Lifetime Isas \u2013 or Lisas \u2013 seem to be proving popular. This week, Skipton building society revealed that 28,000 people had opened its cash version of the Lisa in just six weeks. And investment firm Hargreaves Lansdown said it had opened more than 22,000.Launched in April, a Lisa lets you save tax-free for either a property or retirement. The crucial difference to standard Isas is that you also get a government bonus equal to 25% of what you save. It will be yours to keep either when you buy a property or reach 60. Continue reading…
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\nSource : theguardian.com
\nRead more…Lifetime Isa proving popular as young savers rush to snap them up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Around 28,000 people have taken out Skipton building society\u2019s cash Lisa, while Hargreaves Lansdown has...<\/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-62852","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-glK","jetpack-related-posts":[{"id":50582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isa-rates-halved-since-brexit-vote-and-eroded-further-by-inflation\/","url_meta":{"origin":62852,"position":0},"title":"Isa rates halved since Brexit vote and eroded further by inflation","date":"April 1, 2017","format":false,"excerpt":"\r Cash savers\u2019 money is declining in real terms as interest rates and inflation head in opposite directions, say expertsTypical cash Isa rates have halved since June\u2019s Brexit vote, it emerged this week. The average cash Isa rate stood at 0.87% at the end of May 2016, but is now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isas-greeted-with-mixed-opinions\/","url_meta":{"origin":62852,"position":1},"title":"Lifetime Isas greeted with mixed opinions","date":"March 20, 2016","format":false,"excerpt":"\r Experts fire warning that traditional pension savings shouldn\u2019t be passed overThe lifetime Isa announced in last week\u2019s budget has split opinion among pension experts, with some warning it could force young people to work until they drop, but others hailing it as a \u201cno-brainer\u201d for younger workers.The accounts are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-cash-isas-leave-savers-despairing-it-could-be-worth-taking-a-chance\/","url_meta":{"origin":62852,"position":2},"title":"As cash Isas leave savers despairing, it could be worth taking a chance","date":"September 5, 2016","format":false,"excerpt":"\r With the Bank of England base rate at a record low and the outlook poor, we look at places where your money could earn more \u2013 if you accept riskThe past few years have been a grim time for savers. After the Bank of England cut its base rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6586,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seven-years-of-low-interest-rates-have-cost-savers-up-to-160bn\/","url_meta":{"origin":62852,"position":3},"title":"Seven years of low interest rates have 'cost savers up to \u00a3160bn'","date":"March 2, 2016","format":false,"excerpt":"\r Loose monetary policy has \u2018annihilated\u2019 returns on cash, but mortgage borrowers and investors have benefitedSeven years of quantitative easing and record low interest rates have cost savers an estimated \u00a3160bn, but supported strong increases in the prices of property, stocks and bonds. Analysis by financial firm Hargreaves Lansdown suggests\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-open-250000-help-to-buy-isas-in-first-two-months\/","url_meta":{"origin":62852,"position":4},"title":"Savers open 250,000 help-to-buy Isas in first two months","date":"February 4, 2016","format":false,"excerpt":"\r Three-quarters of savers signing up for scheme intended to help them buy a home are aged 30 and under, Treasury saysHelp-to-buy Isas have been opened at a rate of one every 30 seconds since the initiative launched on 1 December, George Osborne has announced.The scheme, unveiled in the budget\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-my-partner-and-i-buy-two-properties-using-lifetime-isas\/","url_meta":{"origin":62852,"position":5},"title":"Can my partner and I buy two properties using lifetime Isas?","date":"July 5, 2021","format":false,"excerpt":"\r We want to buy a house in my partner\u2019s name and later rent it out and buy another one in mineQ My partner and I are first-time buyers and we each have a lifetime Isa (Lisa). We are considering putting our savings together to buy a house in my\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62852"}],"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=62852"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62852\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}