18 March 2015
Nationwide welcomes today’s announcement of a new initiative to support those wishing to save towards their first home, following the success of its own Save to Buy account, launched in 2011.
Supporting the Society’s mutual values, Nationwide has since opened more than 82,000 saving accounts for those customers wishing to raise a deposit for a home, helping significant numbers of first time buyers to achieve their aspiration of home ownership through regular saving.
As a result of the scheme, Nationwide has already loaned in excess of £1 billion to Save to Buy customers looking for their first home.
Save to Buy is one of the many ways through which Nationwide provides help and support to first time buyers, which includes low deposit loans, tailored incentives and competitive rates, and has seen the mutual help nearly one in five customers into their first home.