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Finance
Why First-Time Buyers Are Rushing to ISAs as the Secret Weapon to Crack the £23,000 Deposit Barrier
Saving for a first home has become one of the biggest financial challenges for young buyers, with deposits now averaging around £23,000. Instead of relying on slow-growing savings accounts, many are turning to Lifetime ISAs, which add a 25% government bonus to their contributions. This simple shift is helping buyers reach mortgage eligibility years earlier and secure better deals. The growing trend of first-time buyers rushing to ISAs shows that the deposit barrier is no longer impossible with the right strategy, it’s a realistic and achievable goal.
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