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Save to buy

leereni · 2011-05-08 16:52:31

Just wondered if anyone had any ideas about the new save to buy savings accounts. I know it may seem the wrong section to post this thread, however they are designed for the mortgage market.

Comments

Thrugelmir Posts: 89,546 Forumite

9 May 2011 at 5:17PM

noodle wrote: »

Idle thought... I wonder if lenders could offer a deposit savings account with a return linked to UK house prices.

Would be classed as an investment not a savings account so different FSA regulations would apply.

With the outcome of the PPI scandal. Banks are more likely to fall back on providing loans at sizable margins rather than subsiding them by cross selling other products.

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