propertytalk Live! - Help at hand for First-Time Buyers
Clydesdale and Yorkshire Banks have launched a new savings account to help First-Time Buyers build a deposit and get a foot on the housing ladder.
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 £1000 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 £6085. Saving around £200 each month for two and a half years would achieve this target.
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