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Government remains committed to Lifetime ISA - Newcastle Building Society statement

12 October 2018

Newcastle Building Society customer director Stuart Miller, said:

“We’re very pleased that the government has stated an intention to continue with the Lifetime ISA product. Lifetime ISAs serve two important parts of the market, supporting first time buyers to save a deposit for a home, as well as those trying to build long term savings for later life and retirement.

“We’re looking forward to launching our Newcastle Building Society Lifetime ISA in just a few weeks and helping to ensure that those who want to save with a cash Lifetime ISA will have more choice.

“Consistent and long term support for those who are saving for a home or planning for future retirement is important in creating better financial futures across generations.”