Regular Savings Accounts: The Best Currently Available List!

masonic

alibean121 said:

You obviously can’t prove what someone is saving for but if they’d asked if you’re a homeowner on the application form, I personally wouldn’t have lied. 

The key information explicitly stated that you could hold the account in order to save towards someone else's first home. The account was not only targeted at FTB, but also their family members. Anyone could have answered that question honestly and not been screened out.

silvercar

I did wonder if it would have been cheeky to open the Coventry account on the genuine grounds of saving for a deposit for my son to buy his first home, and fund it from my Coventry mortgage offset savings account. Difference in interest rates would be +0.75. Too late now.

flaneurs_lobster

It gets worse, having opened a First Home Saver (I'm not) got email:

Why not join our member panel? Your thoughts could help us and other members on the journey to buying their first home.

subjecttocontract

I got that email as well.....but just ignored it.
In spite of all the criticism of Coventy.....at least it was dead easy to open and fund the account. Which is more than can be said for a number of other providers whose antiquated systems and the postal strike look like assigning some of my attempts to open an account to the rubbish bin. 

Imvrasos

I applied for this Coventry FHS account on Sunday but have not received any confirmation email so far, is that the case for everyone?

subjecttocontract

If it helps.......I opened mine online on 15/12, made first payment in on 17/12 and received an email from them on 19/12.
Have you tried logging into your account on the Coventry site ?

Bridlington1

Buckinghamshire BS regular saver to rise to 3.3% from 1st February 2023.

https://www.bucksbs.co.uk/bank-of-england-base-rate-increase.html

Imvrasos

subjecttocontract said:

If it helps.......I opened mine online on 15/12, made first payment in on 17/12 and received an email from them on 19/12.
Have you tried logging into your account on the Coventry site ?

I am not a Coventry customer, their website advised a paper form would be sent through the post for the application to be completed. My concern is I haven't received any email receipt or application reference and I only have a generic screenshot. Will just wait and see how things develop!

subjecttocontract

I wasn't  a Coventry b/soc customer either. Just completed the forms online, immediately got account & access details and was sorted very quickly. 

liamcov

Anyone still waiting on the Monmouthshire 5.5% account?