Family Assist Savings Account (Issue 5)
0.50% Gross/AER
- A variable rate of interest
- Invest a minimum of 10% of the property price
- This account can only be operated in branch
Family Assist
Wanting to help a family member purchase a new home?
The Family Assist Savings Account can only be opened as part of a Family Assist mortgage application.
The Family Assist savings account is available to savers:
- supporting a family member purchasing a property with the Family Assist mortgage;
- aged 18 years and over who reside in the United Kingdom;
- who are saving an amount of 10% of the purchase price of the property for a period of 2 years (the borrower must provide the deposit of 5% of the purchase price of the property);
- who are happy for their savings to be held by a Guarantee and Charge (independent legal advice must be obtained).
Interested in opening a Family Assist savings account?
Contact your local branch for further information on how the Family Assist range of products work.
Contact usFamily Assist Savings Account
Withdrawn/Closed Accounts
If you have a Progressive savings account which is no longer available, you can check the interest rate here.
Speak to our team today
We’d love to talk you through the mortgage process and help you find a suitable product. For more information or to apply for an account, you can call us, email us, pop into one of our 11 branches. We look forward to hearing from you.