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26min chapter
How £1 could make 1st time buyers £1,000s…
The Martin Lewis Podcast
Benefits and Rules of Lifetime ISAs for First-time Homebuyers
This chapter discusses the benefits and rules of using Lifetime ISAs (Individual Savings Accounts) for first-time homebuyers in the UK. It explains that Lifetime ISAs are tax-free savings or investment accounts available for individuals aged 18 to 39. They offer a 25% bonus on deposits up to £4,000 per tax year until the age of 50.
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