Martin Lewis recommends young people born between 1985-2006 to deposit £1 into a Lifetime ISA for potential property purchase benefits.
Money guru Martin Lewis has urged people born between 1985 and 2006 to place £1 into a savings account, as he believes they can benefit from a government-backed scheme that helps young buyers purchase properties worth up to £450,000. The Lifetime ISA (LISA) offers a 25% bonus on up to £4,000 per tax year, and even a small deposit now can unlock additional savings in the future.
March 13, 2024
5 Articles