Helpful Start

This account is only available as part of the Family Springboard Mortgage.


Current interest rates

These rates are effective from 3rd September 2018




Gross rate per year %





Interest is paid monthly on the first working day of the month. The interest rate tracks a margin of 1.50% above the Bank of England Base Rate. 

What would the estimated balance be after 12 months, based on a £1,000 deposit?


Deposit amount

Estimated value after a year



The estimated value is based on no change to the interest rate during 12 months and no withdrawals made.

Previous interest rates

Rates effective from


Gross rate per year %


1 December 2017 – 2 September 2018




Further Information

Mortgage offset:


Interest rate:

Rates are variable. Interest is calculated daily using your statement balance and is paid on the first working day of each month.


The rate of interest payable without tax taken off.


Interest is paid gross. If you’re a UK taxpayer, you may have to pay tax on interest earned in excess of your Personal Savings Allowance.

For information and guidance please refer to the HMRC website.

Please note, it’s your responsibility to ensure that any tax due on interest payments received is paid to the appropriate tax authority.


Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year.

For additional information, download our Helpful Start terms and conditions. They are in addition to the general conditions of your Customer Agreement with us.

Read important information about our interest rates, the Financial Service Compensation Scheme and your cancellations rights.