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Lifetime ISAs, or LISAs, are one of the best ways for Brits to get on the property ladder, allowing millions to quickly save up for either a first home or retirement.

Capped at £4,000 annually, savers receive a 25 per cent bump from the government to whatever money they put into the pot.

This means that if savers reach the £4,000 annual allowance, they will get an extra £1,000 to boot.

READ MORE: Keir Starmer makes state pension 'means test' claim

In today's Autumn Budget, the government has confirmed that they will launch a consultation next year, which will look at options for replacing or modifying the scheme.

Chancellor Rachel Reeves did not confirm the details, but in the Budget paper, the government outlines their goals.

It reads: "The government will publish a con

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