Regular Home Saver provides a simple way to save monthly towards a deposit on a first home, with the flexibility to vary payments during the term and the added bonus of up to ?1,000 cashback when taking a Clydesdale or Yorkshire Bank first-time buyer mortgage.
The average UK first-time buyer property costs an estimated ?121,717 meaning a 5% deposit would be ?6,085. Saving around ?200 each month for two and a half years would achieve this target.
Clydesdale and Yorkshire Banks are part of just a handful of mortgage providers that offer 95% LTV loans to first-time buyers.
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