A False Start for First Time Buyers: Why Waiting Won't Pay Off The UK government's decision to replace the lifetime ISA with a new first time buyer ISA has caused uncertainty among first time buyers.
Experts advise against waiting, and here's why. For those who have been hesitant to save due to concerns about which type of ISA to choose, now may be the worst time to delay.
The new first time buyer ISA is more user friendly than its predecessor, with no upper age limit and no withdrawal charges. However, it appears to fall short in terms of financial benefits compared to the lifetime ISA.