Millions of first-time buyers are missing out on accounts that add £1 automatically for every £4 you save

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Millions of first-time buyers are missing out on accounts that add £1 automatically for every £4 you save
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  • 📰 TheSun
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MILLIONS of first-time buyers are missing out on an account that automatically tops up savings with £1 for every £4 you put away. New figures from HMRC show that just 230,000 people have opened a L…

MILLIONS of first-time buyers are missing out on an account that automatically tops up savings with £1 for every £4 you put away.

The Lifetime Isa accounts are designed to help young people save either for a first home or for retirement. If you've decided to use the money for retirement, you aren't allowed to touch it until you reach age 60.

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