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Summary Box | |
|---|---|
| Account Name | First Time buyers savings account |
| Interest rates (AERs) | Variable rate paid monthly, view interest rate |
| Tax Status | Gross or net |
| Conditions for bonus payment | Bonus interest will be paid when a full mortgage offer is issued. No bonus payable if a YBS mortgage offer is not issued. You must make at least 3 consecutive monthly contributions of £100 or more in to your First Time Buyer savings account before you apply for your mortgage. |
| Withdrawal arrangements | Unlimited withdrawals, subject to daily withdrawal limits |
| Access | Branch or Agency |
Net: Interest on investments and savings amounts is payable net of income tax, which means after the deduction of income tax at the lower rate of 20%, or subject to the required registration gross.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, credit cards, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).
