Saving for a house

Helping you step onto the property ladder

Buying a house is one of the most exciting purchases you’ll ever make - but it can be difficult to save for a place to call your own. From building up your house deposit to covering the costs of moving, it can take years before you get your first set of house keys.

See how you could get there quicker with our savings and investment accounts, plus guides on building a deposit and more.

Bear in mind that investments can go down as well as up, and you may get back less than you invest.

Helping you make the right move

Guide to saving for a house

Need some help on how to save for a house? In this brief guide, we look at how much you might need to save for your deposit, and which types of savings account could suit you best. Let’s get you started on the road to being a homeowner.

Schemes to help you save for a house

If saving for a house deposit seems like an impossible task, there are ways you can get a helping hand. Discover some of the schemes you can take advantage of to get a boost on your savings. 

Fees to watch out for

When you’re saving for a new home, there’s more to consider than your deposit. See some of the extra costs and fees you’ll likely have to pay along the way.

Build your savings

Cash ISAs

Wesleyan Bank’s simple, easy-to-manage cash ISAs offer competitive interest rates, with no tax to pay on your interest. 

Stocks and shares ISAs

Offering a tax shelter for your savings, plus the potential for growth, a stocks and shares ISA is a popular way to invest. 

Unit Trust ISA

A straightforward stocks and shares ISA, the Unit Trust ISA from WUTM allows you to invest tax-free in a choice of six managed funds.

Fixed-rate savings account

This account from Wesleyan Bank helps you plan ahead. Lock away your cash and see how much your savings will earn with a guaranteed interest rate for up to five years.

Articles and guidance

Investing vs saving

It's the golden question. Should you save your money or invest it? This guide shows you why you might not need to choose...

How do ISAs work?

Discover tax-free savings with our quick guide to ISAs (Individual Savings Accounts). Learn about the annual ISA allowance, different ISA types and more.

What is a stocks and shares ISA?

A stocks and shares ISA is a popular way to invest - but how does it work? Find all your questions answered in our guide.

Further down the line…

Things to consider once you’ve saved for your house:

Get a mortgage

With access to deals from a range of leading lenders, Wesleyan Financial Services can take the stress out of your mortgage search.

Mortgage protection

Mortgage protection provides peace of mind for your family by paying off any outstanding mortgage on your home when you die.

Home insurance

Protect your new home from the inside out with home insurance from Wesleyan Financial Services. Find the right cover from our panel of hand-picked providers.

Your mortgage is secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.