Savings accounts for first time buyers
We know that saving for your first home deposit can be challenging, so we're proud to offer a choice of savings accounts for first time buyers to help you reach your goal. In addition to a 0.65% bonus for making regularly monthly payments with no withdrawals, our First Home Saver regular savings account and flexible First Home ISA each offer a cash reward of up to £1,000 to help you with the costs of buying your first home.
We are also part of the UK Government's Help to Buy: ISA initiative - our Help to Buy: ISA offers a 1.25% interest rate (including bonus), so you can be well-rewarded for saving for your first home with us. To find out more, read our thorough guide to the Government's Help to Buy scheme which should answer all your questions. With CustomISA you can take advantage of both a Help to Buy: ISA, and a First Home ISA account, to save for your first home even faster
A building society savings account for every type of saver
There's an account for every type of saver at Newcastle Building Society, and with the best rates of interest to offer you peace of mind for your money. See our full range of Regular Savers accounts, which reward you for saving regularly, as well as our Children's Accounts for young savers, as it's never too early to form good financial habits.
If you don't require regular access to your savings, then our Fixed Rate savings accounts can offer a highly competitive savings interest rate. We offer Fixed Rate Bond accounts for one or two years, with the benefit of knowing exactly how much you will receive at the end of the savings term.
You can apply online for each of our savings accounts - simply follow the links at the bottom of each savings product page. Or if you would like to find out more about our full range of savings accounts and our interest rates, or to make an application in person to open a savings account with us, call our Savings team on 0345 734 4345 or book an appointment at your local branch.