Lifetime ISA Explained: You NEED this as a First Time Buyer!

Описание: A Lifetime ISA (LISA) might be your best financial move yet if you're thinking of buying your first home or planning for retirement. The Lifetime ISA (LISA) gives you a 25% bonus from the government - that’s up to £1,000 of free money each year just for saving towards your first home or retirement. And whether you’re looking to build a house deposit or grow your retirement savings, the LISA is a powerful tool, but there are some catches you really need to know...

In this video, I break down exactly how a Lifetime ISA works, who’s eligible, and why it could be one of the best tools to boost your first-time buyer deposit. I also run through some of the limitations, from withdrawal penalties to property price limits, and how much these could impact you.

I'll also run through:
✅ The difference between a Cash LISA and a Stocks & Shares LISA
✅ How LISAs compare to Help to Buy ISAs
✅ How much you could realistically save if you started today.
✅ Tips from my own experience
✅ Some of the best LISA providers in the UK right now

Whether you’re starting from scratch or switching from Help to Buy, this is everything you need to know about Lifetime ISAs in 2025.

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00:00 - Intro
00:27 - What Is A Lifetime ISA?
01:32 - How Much Could I Save?
03:12 - Pros and Cons
06:40 - Cash ISA vs Stocks & Shares ISA
08:39 - Help to Buy ISA? It's Not So Straight-Forward...

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Disclaimer: This content is provided for educational and entertainment purposes only. Matt Connell Money does not offer investment, financial, or tax advice. The information presented in this video is general in nature and does not take into account the investment objectives, risk tolerance, or financial circumstances of any specific individual. It may not be suitable for all viewers or investors.This video is not intended to express political opinions or show preference toward any political party. While we strive to ensure the accuracy of the information shared, no guarantees are made regarding its completeness or correctness.

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