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Martin Lewis issues warning over ‘unfair’ rule for house buyers

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Martin Lewis has called for an overhaul of “unfair” aspects of Lifetime Isas ahead of Jemery Hunt’s Autumn Statement later this month.

Lifetime Isas are often used by first-time buyers to get on the property ladder, says the Money Saving Expert founder, known for his roles on ITV and BBC.

Returning to ITV with the Martin Lewis Money Show last Tuesday, Mr Lewis argued that young savers should not be essentially fined, and lose their hard-saved cash, when they buy homes above the scheme's £450,000 limit.

He warned that more people could potentially be at risk than when Lifetime Isas, also known as Lisas, first became available in 2017.

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