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Abbey savings account for first time buyers
Muhren
Posts: 1,705 Forumite
Saw this in the paper yesterday. Abbey have a first home saver account which is for first time buyers aged between 16-35 paying 8%. Although this isn't a fixed rate.
You can open it with £100-£5000 and then must pay in between £100-£300 per month thereafter. However the rate drops to 0.10% for any month you miss a payment and you can't make partial withdrawals.
Seems a good deal if you can stuff £5000 in on opening. I'm sure however it will get pulled apart by the more astute that grace this board!
You can open it with £100-£5000 and then must pay in between £100-£300 per month thereafter. However the rate drops to 0.10% for any month you miss a payment and you can't make partial withdrawals.
Seems a good deal if you can stuff £5000 in on opening. I'm sure however it will get pulled apart by the more astute that grace this board!
LBM: Dec 2012 - Debt £38,180/ Now £0.
DFD - 17/04/2016
DFD - 17/04/2016
Gambling: The sure way of getting nothing from something.
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