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Found in: Mortgages February 13th, 2007

Britannia Building Society is helping first time buyers to save the deposit for their new home with its HomeSaver account.

Designed to help those saving for a Britannia mortgage, HomeSaver pays a great rate of 6.55 per cent AER / Gross (from 2 December) on balances of £250.

In addition, HomeSaver customers who complete a Britannia mortgage application before 31 December 2007 will benefit from an exclusive mortgage deal with £250 cash-back plus a free first standard valuation.

Tim Franklin, Britannia’s Managing Director of Member Business, explained, “First time buyers who are already in a regular savings habit will find it easier when they have the commitment of paying mortgage subscriptions each month. The HomeSaver account not only pays a great interest rate for savers, but also offers great incentives for borrowers.”

HomeSaver is also available to movers and customers looking to remortgage to Britannia.

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