The Bank of England Base Rate has increased several times during 2022.
In August 2022, Base Rate increased again from 1.25% to 1.75%, its highest level since 2009.
Following the recent increases, from the 1st September 2022, rates across most of our savings accounts will increase and the Standard Variable Rate (SVR) on our mortgage products will move to 5.85%.
Helping Borrowers and Savers Since 1924
Instead of paying rent to a landlord, the student buys the house and receives rent from their housemates to help cover mortgage payments.
Put down a minimum 5% deposit and borrow up to 95% of the purchase price of the property.
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Ideal for savers who want to save money for a fixed period in exchange for a higher rate of interest.
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Smart Money People
4.92 stars (out of 5)
British Bank Awards 2020
Best Savings Provider