Petition · past parliament · HM Treasury

Increase the Lifetime ISA (LISA) maximum home purchase price

Closed 62 signatures

What the petition asks

I want the Government to increase the value of the maximum purchase price for a home when using the Lifetime ISA (LISA) scheme.
The current maximum value of a property that can be purchased using a LISA as a first-time buyer is £450,000. This is not enough, especially due to house price increases in the last few years.

In many areas you are simply unable to buy a suitable home for £450,000. Especially due to the 10-20% increase in house prices over the last few years. The £450,000 home price limit should be increased, to at least £500,000.

Timeline

5 Apr 2023 Petition opened for signatures
5 Oct 2023 Closed to new signatures

Key facts

Signatures 62
Status Closed
Department HM Treasury
Opened 5 Apr 2023
Closed 5 Oct 2023

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