Realistic mortgage outlook......

Dstat86

sully1311 said:

Dstat86 said:

Sorry I should have been a little clearer. Its only the last year I have saved properly. 

I have been saving into a natwest savers account. 

Urghh, what interest rate is that? Have you not opened a Lifetime ISA?

0.45% at the moment. 

Thank you guys. I will just keep saving and see how things turn out over the coming months

Dstat86

And no I haven't opened a lifetime ISA

Dstat86

Dstat86 said:

And no I haven't opened a lifetime ISA

Ignore this comment! I has a cash ISA with Natwest but the interest rate is 0.01% so my money is better kept in the other savings account.

Thrugelmir

Dstat86 said:

And no I haven't opened a lifetime ISA

There's a way of boosting your savings. 

grumiofoundation

Dstat86 said:

Dstat86 said:

And no I haven't opened a lifetime ISA

Ignore this comment! I has a cash ISA with Natwest but the interest rate is 0.01% so my money is better kept in the other savings account.

Lifetime ISA is not the same as cash ISA.

Lifetime ISA - up to £1000 of free money from the government (deposit £4000 per year). Far better than any interest can get you.


https://www.moneysavingexpert.com/savings/lifetime-isas/

Dstat86

I have just opened a moneybox ISA but then read in the terms that you need to have had the account open for 12 months before you can use it for a house purchase. In hindsight this would've been great.