In a few weeks' time the Lifetime ISA will be the only option for first-time buyers, writes Laura Suter, who thinks the tax wrapper needs some TLC ...
The deadline for applying for the Help to Buy ISA is the end of the month, and then it joins the financial scrapheap of products no longer sold, nestling alongside child trust funds and PEPs. The Lifetime ISA has had its haters since launch, but the truth is that it has been pretty popular with savers, and for some it will offer a better option. But it was rushed out, and that means there are problems with it that still have not been fixed. From when George Osborne whipped this particular rabbit out of his hat to its actual launch was just a year, which is a short period for providers...
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