Comparing Lifetime ISAs in 2025: Providers, Fees and Pitfalls You Need to Know (UK Guide)
Comparing Lifetime ISAs in 2025: Providers, Fees and Pitfalls You Need to Know (UK Guide) If you’ve ever tried to be “good with money” in the UK, chances are someone has mentioned a Lifetime ISA and said something like: “You get free money from the government — you’d be silly not to.” And while that’s technically true, it’s also wildly oversimplified . I’ve spoken to people who: Opened the wrong Lifetime ISA Didn’t realise they couldn’t use it for their first home Lost money due to withdrawal penalties Or assumed all Lifetime ISAs were basically the same (they’re not) So in this guide, I want to do what I wish someone had done for me earlier: break down Lifetime ISAs properly , compare the best providers in 2025 , explain the fees that quietly eat into your money , and highlight the pitfalls that can cost you thousands . No jargon. No sales pitch. Just clarity. What Is a Lifetime ISA (LISA) – and Why It’s So Popular in the UK? A Lifetime ISA (LISA) is a tax-free saving...