MortgagesMay 15 2015

Big figure: 8,000

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This is the number of homes that have been purchased with Nationwide’s Save to Buy scheme since it was launched four years ago.

Approximately £1.1bn has been lent to both first-time buyers and home-movers who have saved towards a mortgage deposit for at least six months through a Save to Buy savings account or Isa.

More than 90,000 Save to Buy accounts have been opened since May 2011, with the current average savings or Isa account balance being £5,714.