Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on interest on cash savings held in a stocks and shares wrapper. Savers and investors can currently deposit up to £20,000 a year in Isas, which offer the chance to earn returns which are not subject to tax. In last year’s budget, the chancellor, Rachel Reeves, announced major changes to the regime, including the end of the Lifetime Isa, aimed at people saving for a first home or retirement, and a lower cap on cash Isa savings for everyone aged under 65. More details of the changes were announced on Tuesday, as the government launched a consultation on a new first-time buyer Isa and published rules to prevent savers using stocks and shares Isas to hoard cash. The consultation from the Treasury suggests that the first-time buyer Isa will be available to anyone aged over 18, in contrast to the lifetime Isa (Lisa), which had an upper age limit of 40 for new savers. The Treasury said this recognised “that the age at which a first home is bought is rising
Jun 23, 2026 → Jun 23, 2026
Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on…
Read original at The Guardian →1 updates from 1 source.
Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age…
Read original at The Guardian →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
New leader could be chosen unchallenged or after a quick contest while outgoing PM has time to finalise his legacy If the predictions are proved correct and Keir Starmer does…
It will take more than blokeish affability to reach across the Brexit faultline that scars British politics Andy Burnhamâs stint as health secretary in the final year of Gordon…
Exclusive: Voters value changes ‘so we can afford to actually have a life’, as well as immigration policy and honesty in politicians Voters in Makerfield rank the cost of living,…
Government confirms Jarvisâs move from role as security minister to replace John Healey Dan Jarvis has been named as the new defence secretary, replacing John Healey. Dan Jarvis…
Between studying, working, and volunteering, Poppy Fairbairn covers hundreds of miles a month on Scotland's bus network. But the 19-year-old medical student, from Kirkcaldy in…
Universal is "aware" of cost of living pressures and how they could affect ticket prices for its new UK park, the government said. It came after Chancellor Rachel Reeves announced…
