Lifetime ISA home purchases above £450,000: budget for the new 20% withdrawal charge

Lifetime ISA home purchases above £450,000: budget for the new 20% withdrawal charge

HMRC says the reduced charge applies to qualifying over-cap home-purchase withdrawals from 29 October 2026. Check the net deposit and the provider´s process before releasing funds. ... (to read the remainder of this article, please log in below.)

This article is for members. Sign in with an active membership to continue reading.

WEALTH PROTECTION REPORT MEMBERSHIP

Practical tax insight for your wealth, property and business.

Forgotten your password?
Enter the email address associated with your membership and follow the recovery instructions sent to you. If you need help accessing your account, contact our membership team.

Join WPR or manage your membership

Subscribe to Wealth Protection Report for access to member articles, tax books and resources.

Already a member? Sign in above. For help with access or renewal, please contact our membership team.

The archive covers several tax years. Check publication dates and current rules before relying on older guidance.

Cookie Control