Santander First Home Saver (Special Issue 1) Full product details for the Santander First Home Saver (Special Issue 1) savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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Santander First Home Saver (Special Issue 1) Features & Benefits
Account Type Regular Saver
Account Term 25 years The term of the account is for as long as the investor has the account open.
Rate Type variable The type of interest rate is variable.
Headline Interest Rate 5% The headline interest rate is 5.00% AER.
Headline Interest Balance £100 100
Minimum Monthly Investment £100 The minimum monthly contribution is £100.
Online Access no Transactions cannot be made via the internet.
Branch Access yes Transactions can be made at a branch.
Phone Access no Transactions cannot be made by phone.
Introductory Bonus 0% No introductory bonus payable.
Withdrawal Notice term Not applicable.
Minimum Initial Investment £100 Minimum investment of £100. The maximum initial investment is £5,000.
Minimum Number of Payments 12 The minimum number of payments required to receive the cited interest rate is 12
Permanent UK Resident yes This product is only available to individuals who are permanent UK residents.
New Money Only no Not applicable.
Restricted Access yes This product is only available to first time buyers. Investors must attend a mortgage interview with Abbey up to 90 days before the account is closed.
Minimum Monthly Investment £100 The minimum monthly contribution is £100.
Minimum Age 16 years Minimum age is 16 years.
Maximum Age 35 years The maximum age is 35 years.
Area Restrictions none There are no area restrictions
Minimum Initial Investment £100 Minimum investment of £100. The maximum initial investment is £5,000.
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