Tom Blenkinsop – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Tom Blenkinsop on 2016-09-02.

To ask Mr Chancellor of the Exchequer, if he will make it his policy to amend the Lifetime ISA proposal so that the 25 per cent government bonus can be used towards a deposit on a first home.

Jane Ellison

As is usual with new financial products, the Government continues to work closely with industry on the finer details of the policy, including on the operation of withdrawals for first house purchase. Ministers will provide a statement on the position in due course.