Martin Lewis gives LISA 'right now' alert to anyone with house worth less than £450,000
Martin Lewis has highlighted the downsides of a Lifetime ISA including a 25 per cent 'penalty' for taking the money out - and for anyone buying a house under £450,000. These products are only available to people between the ages of 18 and 40 and offer some of the same benefits as normal ISAs such as a stock and shares or cash options and the tax-efficiency aspect.