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.