Check out our handy side-by-side comparison:

• Lifetime ISA Help to Buy ISA
• Who is eligible? Anyone between 18-39 First time buyer 16+
• Annual allowance £4,000 (£3,400 in first year)
• Maximum property price £450,000 £250,000 (£450,000 in London)
• Government bonus Paid monthly Paid when you buy a home
• When is money paid out? Exchange of contracts Completion