‘This method can be a great way for first-time buyers to get their first foot on the ladder in one form or another. However, ...

Personal finance experts are encouraging under 40s to act now in order to claim up to £11,000 from the Government tax-free.

In spite of the withdrawal penalties, latest data from HM Revenue & Customs shows Lisas are popular with aspiring homebuyers: 56,900 people used one to purchase their first property in 2023-24.