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Tagged: savings accounts

  1. BusinessFirst-home costs: deposit estimate and savings trade-offsBBC UK reports that a 5% deposit on the cited £272,000 average UK house price is £13,600, while Moneyfacts puts the deposit plus moving costs and legal fees at about £16,850. Saving routes differ in access and restrictions: easy-access accounts allow withdrawals for unexpected bills, while Lifetime ISA withdrawals are limited and other withdrawals can incur a penalty.1 min