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Consultation outcome

First Time Buyer ISA consultation

From:
HM Treasury
Published:
23 June 2026
Last updated:
28 October 2026 — See all updates
This consultation has concluded

Read the full outcome

First Time Buyer ISA Consultation: Government Response

PDF, 139 KB, 15 pages

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Detail of outcome

The consultation demonstrated broad but conditional support for the introduction of the First Time Buyer ISA. Respondents emphasised the importance of a simple and stable product design, clear customer communications and maximum alignment with existing ISA infrastructure. The Government has considered these views in finalising the policy design and implementation approach for the new product.

Original consultation

Summary

The government is publishing a consultation on the implementation of a new, simpler ISA product to support first time buyers to buy a home.

This consultation ran from
to

Consultation description

The government is committed to making the aspiration of home ownership a reality for as many households as possible. To support that ambition, the government is today launching a consultation on the implementation of a new, simpler ISA product to support first time buyers to buy a home. Once available this new product will be offered in place of the Lifetime ISA.

Documents

First Time Buyer ISA: Consultation

PDF, 350 KB, 22 pages

This file may not be suitable for users of assistive technology.

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

First Time Buyer ISA: Consultation

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Updates to this page

Last updated:
28 October 2026
Show all updates

  1. Summary of response added.

  2. Closing date updated to 18 August 2026.

  3. First published.

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