The Hanley's Jumbo Regular Savings Account is specifically designed for customers who wish to save a regular amount every month to help build a deposit for their first home. Customers can then take advantage of our Mortgage Choice services to find the right mortgage for their individual circumstances.
| | Customers may only hold one account either individually or jointly. |
Product Availability | | This account can only be opened by visiting a branch of The Hanley. |
Interest Rate | | Fixed Rate of Interest of 7.47% for 12 months from account opening. The account will then revert our standard Branch Regular Saver. |
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Minimum Monthly Subscription | | £25. |
Maximum Monthly Subscription | | £250 (£500 if joint). |
| | You can make more than one subscription per month providing the maximum subscription of £250 (£500 if joint) is not exceeded. |
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| | Interest will be paid annually on 31st August and can be:
-Added to the account.
-By BACS to another bank or building society account.
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| | No partial withdrawals are allowed for the fixed term period, however, you may withdraw all of your investment subject to penalty equivalent to 90 days interest on the amount withdrawn. The penalty may be deducted from the capital of the account.
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| | Direct Debit.
Branch Visit.
Internal Transfer from an existing Hanley Account. |
| | Jumbo Regular Saver |
