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Best account to save mortgage deposit?
chris973
Posts: 8 Forumite
Hi, some advice would be really appreciated here 
My partner and I presently rent a cottage. We have been told by the owner that she will wish to sell in approximately a year's time. She has said that we will get first refusal as she is keen to sell to us, so much so that if required, she will give us a few months extra if we need it.
We have started doing all the overtime shifts we can and guss that we will be able to put away around about £1200 per month into savings for a deposit. Some months it will be considerably more than this.
Can anyone give us an idea of the best bank and account to use for these savings? Obviously we need to be thinking of using a bank that not only gives a good interest rate, but also is most likely to actually give us a mortgage at the end of it all!
At present we have a joint account at Abbey but are not averse to changing banks!
Thanks guys:rolleyes:
My partner and I presently rent a cottage. We have been told by the owner that she will wish to sell in approximately a year's time. She has said that we will get first refusal as she is keen to sell to us, so much so that if required, she will give us a few months extra if we need it.
We have started doing all the overtime shifts we can and guss that we will be able to put away around about £1200 per month into savings for a deposit. Some months it will be considerably more than this.
Can anyone give us an idea of the best bank and account to use for these savings? Obviously we need to be thinking of using a bank that not only gives a good interest rate, but also is most likely to actually give us a mortgage at the end of it all!
At present we have a joint account at Abbey but are not averse to changing banks!
Thanks guys:rolleyes:
0
Comments
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Hi Chris
Good work on the deposit - I'd suggest re-posting in the savings forum for some info.0
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