The BBC Sounds podcast host explored the festive season on his weekly episode this week, discussing the pitfalls of trying to fund December 25.

Martin Lewis has issued a stark warning to UK households as millions of Brits face a financial hangover in the new year as they try and fund the festive season

The Lifetime ISA is designed to help 18 to 39 year old get on the property ladder by providing a 25 per cent boost for the money they put into the account, but people are being cut short due to the outdated nature of the scheme

The new Labour Party government can penalise people withdrawing their own cash from Lisas prematurely, Money Saving Expert founder Mr Lewis said.

Those wanting to get their first home may be hit by hefty fines due to account rules, Martin Lewis told BBC Radio 5 Live

Money expert says there is easy money to be made as he highlights offer