Excellent or awful - why Lifetime ISAs divide opinion

Lifetime ISAs (LISAs) are either praised or criticized by users. The account allows those under 40 to save for retirement or buy their first home, with a 25% government top-up on annual contributions. While some like Liam Roberts find success using LISAs to purchase homes, others like Holly from London have faced penalties due to restrictions like a £450,000 property value limit. Calls for reforms, including eliminating penalties and extending age limits, have been made by experts like Martin Lewis and Helen Morrissey.