Home Saver

Only available to Holmesdale Young Saver account holders from their 23rd birthday


Key Product Information

Account Name

Home Saver

What is the interest rate?

Current Interest Rates (Effective from 1st of January 2018)

Savings of Gross AER Net
£10+ 2.00% 2.00% Paid Gross

Interest, paid annually on 31st March, can be added to the account, transferred to your bank account, or transferred to an existing Holmesdale savings account (subject to the terms and conditions of the receiving account).

Can the Holmesdale change the interest rate?

The interest rate is variable, which means we reserve the right to change it to reflect market conditions, to comply with legal or regulatory guidelines and to protect the long-term future of the Society. We will give you thirty days' notice before any changes that would disadvantage you. For full details please read our Savings Terms and Conditions

What would the estimated balance be after 12 months?

Based on the current rate of interest:


If you deposit £1,000 in this account, after 12 months you would have £1,020.00


(This figure is only an estimate, based on there being no additional deposits, withdrawals, or rate changes in that time with all interest being added to your account. This figure is for illustrative purposes only, and does not take into account your personal circumstances.)

How do I manage and open my account?

To be eligible for this account you must be a genuine first time buyer, an individual, and resident in the UK. You must also hold a Holmesdale Young Saver account.


Accounts can be opened with a minimum of £10 and a maximum of £50,000. The maximum that can be held in this account is £50,000.


To open an account, simply complete an application form (available at the bottom of this page or at our branch). Manage your account by visiting our branch, or by forwarding your written instructions to us. You may view your account online by registering for our online service, 'My HBS'.

Can I withdraw money?

Easy Access - you can make withdrawals from your account without notice or penalty, by visiting our branch or by forwarding your passbook with written instructions to us.


Withdrawals are subject to the limits explained in our savings terms and conditions

Additional Information

Preferential mortgage concessions apply (subject to conditions) Please refer to our Home Saver Guide.


This is a summary of the key features of this account. You will still need to read the savings terms and conditions.

Previous Interest Rates (Effective from 6th of April 2016)

Savings of Gross AER Net
£10+ 1.00% 1.00% Paid Gross

How To Apply

Opening an account with the Holmesdale Building Society could not be easier – simply read through our Terms and Conditions, complete an application form and take or post it to our office along with your initial investment. We will verify your identity electronically, however further identification may be requested. Click here for details of our identification requirements.

To discuss your requirements you can request a call back and we'll ring you to talk things through. Alternatively, call us on 01737 232320   to speak  with  our savings  team   or visit our office.

Request Call Back
Download Application Form