The Hanley's Jumbo Regular Savings Account is specifically designed for our customers who wish to save a regular amount every month to help build a deposit for their first home.
| | 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% fixed 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 your bank account |
| | 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however, you may withdraw all of your investment subject to penalty equivalent to 90 days interest on the amount withdrawn.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. |
| | Direct Debit. Branch Visit. Internal Transfter from an existing Hanley Account.. |
| | First Time Buyers Regular Saver.pdf |