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Martin Lewis: LISA withdrawal may cost £10,000 for homes over £450,000

Martin Lewis: LISA withdrawal may cost £10,000 for homes over £450,000
LISA penalty on homes above £450,000

Martin Lewis, founder and finance commentator at MoneySavingExpert, addresses a question about losing £10,000 when withdrawing from a LISA to buy a house over £450,000.

He encourages listeners to tune in at the indicated time for his answer to this common home purchase dilemma.

Lewis has previously highlighted financial issues for specific groups, urging those born between September 2002 and January 2011 to check for forgotten or unclaimed money. He has also been active in addressing changes for consumer bills, recently inviting questions about the 13 percent rise in the U.K. energy price cap. These comments follow ongoing discussions about home buying and personal finance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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