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Reduce the minimum term of a Lifetime ISA from 12 months to 3 months.

Submitted on Thursday 23rd April 2020

Rejected on Friday 3rd July 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Reduce the minimum term of a Lifetime ISA from 12 months to 3 months.

Petition Details

The ongoing impact of Coronavirus is affecting the housing market and savers significantly.

The LISA 12 months minimum before you can use it to buy a home means savers will see their money locked up for longer and unable to buy a home soon.

Additional Information

I want the government to (perhaps only for the next 12 months) allow LISA to be used to buy a new home within 3 months of setting up a LISA rather than 12 months.


You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!

This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/304731

You can find out more about coronavirus and how you can protect yourself and others here:

www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/

The Government has also created an online service to help you find out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support

You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You can read impartial analysis of the Government response to coronavirus and policy developments here: commonslibrary.parliament.uk/coronavirus/

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more: committees.parliament.uk/work/192/the-governments-response-to-coronavirus/

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