The Lifetime Isas helped more than 50,000 first-time buyers (FTB) onto the property ladder in 2025, savings and investment platform Moneybox reveals.

In 2025, £139.6 million in government Lifetime Isas bonuses were paid out to Moneybox customers last year, with FTBs getting an average boost of £2,594 to overcome high deposit hurdles.

Overall, house purchases using a Moneybox Lifetime Isas were up 12% year-on-year, with a first home bought every 10 minutes in 2025.

The findings come as the government prepares to consult on replacing the LISA with a new FTB savings product, the third in just over 10 years.

Moneybox director of personal finance Brian Byrnes says: “Our data shows that the Lifetime ISA is doing what it was designed to do—helping first-time buyers onto the property ladder while building strong saving habits along the way.”

“Replacing it with yet another first-time buyer ISA risks adding complexity rather than solving the real issues. Without clear, meaningful improvements, there’s a danger this becomes more ‘policy theatre’ than genuine reform.”

“The LISA’s monthly government bonus is a big part of what makes it work. It keeps people motivated, builds momentum, and helps turn long-term goals into real progress.”

“Any changes should build on these strengths—not lose them—and must protect the confidence of the 1.5 million people already using a LISA to save for their future.”

Earlier this month, Moneybox revealed Bristol, Belfast and Sheffield were the locations with the highest number of homes bought using Lifetime Isas last year.