Petition · HM Treasury
Increase the Lifetime ISA house price limit in line with inflation
Closed
299 signatures
What the petition asks
Adjust the Lifetime ISA house price limit to reflect current market values, allowing first-time buyers in high-cost areas access to homes under this program.
We think the £450,000 limit, set in 2017, no longer reflects housing affordability. UK house prices have risen by around 25%, with London’s average now around £525,000. We believe many first-time buyers are unable to use the Lifetime ISA to purchase in high-cost areas, limiting access to government assistance for young buyers. We think an updated limit would help bridge the gap in today’s housing market.
Timeline
| 28 Nov 2024 | Petition opened for signatures |
| 28 May 2025 | Closed to new signatures |
Key facts
Signatures
299
Status
Closed
Department
HM Treasury
Opened
28 Nov 2024
Closed
28 May 2025
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Source: the official petition page. Last checked 6 Aug 2026.