6 Autumn Budget | 28 October 2026 Pensions, savings and investments Individual savings accounts (ISAs) The annual subscription limits will remain at £20,000 for ISAs, £4,000 for lifetime ISAs and £9,000 for junior ISAs and child trust funds for 2027/28. The reduction in the maximum annual cash ISA subscription for under-65s from 6 April 2027, which was legislated for in September, has been abandoned. The Government will explore a new ISA incentive for people investing in a stocks and shares ISA for the first time. Lifetime ISA (LISA) and First Time Buyer ISA (FTB ISA) A new FTB ISA will be launched from April 2029, with a maximum subscription of £4,000 a year and a property purchase price cap of £450,000. It will provide a 25% Government bonus (maximum £20,000), calculated on the account’s final balance. Until 2029/30, LISAs will remain available and will continue under existing terms for existing investors once the product is withdrawn. The withdrawal charge for purchases of properties above the LISA property price cap of £450,000 will be reduced from 25% to 20% from 30 October 2026. Your First Home scheme From April 2027 the Your First Home scheme will provide 20% equity loans to first-time buyers who would not otherwise be able to purchase a residential property. Income caps will be set at £110,000 per household outside London and £140,000 inside London. Purchase price caps will be set based on local authority median prices, with inner and outer London caps of £650,000 and £500,000 respectively. The deposit requirement will be a minimum of 2.5%, with a maximum of 15%.
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