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Increase Lifetime ISA property price cap for London

Submitted by Monzur Chowdhury on Sunday 31st December 2023

Published on Monday 8th January 2024

Current status: Closed

Closed: Wednesday 29th May 2024

Signatures: 120

Relevant Departments

Petition Action

Increase Lifetime ISA property price cap for London

Petition Details

The current LISA scheme offers the opportunity to get a 25% bonus on deposits up to £4,000 a year, but it can only be used for properties up to £450,000, which can be hard to find in London.

Additional Information

The Government has the power to amend this scheme to make it easier for first time buyers, by increasing the property price cap for London.


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