If you’re keen to get your feet on the property ladder, it’s a good idea to develop a saving habit early. But with so many options available, you’d be forgiven for getting confused about which savings option is right for you.
Before you begin house hunting and your search to find the right mortgage, you’ll need to start putting a deposit together. As well as the potential of saving with a group of friends, or with help from your family, there is also a selection of savings products that could help, including our Help to Buy: ISA and range of instant access accounts.
You’ll therefore need to think carefully about the right options for you. It’s important to consider when you plan to buy a home, how much you’re able to save per month and how long you're wanting to save for.
Here, we look at how first time buyers can save towards a home, focusing on the pros and cons of the Help to Buy: ISA and instant access accounts.