Petition · past parliament · HM Treasury

Increase the Lifetime ISA property value cap - for multiple buyers and inflation

Closed 39 signatures

What the petition asks

Allow the £450k property value limit to apply per LISA holder and not for the overall value of the property. I.e. if 3 people were to buy a property in London together they would be able to buy a property of up to £1.35m, and a couple £900k.
Additionaly the £450k cap should at least rise in line with the increasing property prices. Instead it has been sat at the same value since it was introduced in 2016. If it increased in line with property prices that would be £525k in today's terms with a 16.66% increase.

Timeline

18 May 2021 Petition opened for signatures
18 Nov 2021 Closed to new signatures

Key facts

Signatures 39
Status Closed
Department HM Treasury
Opened 18 May 2021
Closed 18 Nov 2021

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Source: the official petition page. Last checked 15 Jul 2026.