Regular Saver

Hanley Economic BS Home Deposit Saver (TAR06) Review

A regular saver from Hanley Economic BS, letting you save up to £500 a month for 1 year. It ranks 46th of 48 regular savers we track.

Variable rate · 1 year

2.75%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Monthly limit

£500

Max balance

£33,000

Access

No withdrawal notice, But withdrawal restrictions apply

Interest paid

Annually

How It Stacks Up

Ranks 46th of 48

Regular savers we track

Well below average
This account 2.75%
UK CPI (Aug 2026)
3.10%
Pays 0.35% less
Average regular saver
5.05%
Pays 2.30% less
Best regular saver
8.00%
Pays 5.25% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

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A Good Fit For

  • Pro: New and existing savers
  • Pro: People who can save a set amount each month

Worth Weighing Up

  • Con: The rate is variable, so it can go down
  • Con: You can only pay in up to £500 a month

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Estimated returns with Hanley Economic BS' Regular Saver

What you could earn with Hanley Economic BS's Home Deposit Saver (TAR06).

Estimated interest

£50 a month

£8.94

At 2.75% AER

£100 a month

£17.88

At 2.75% AER

£250 a month

£44.69

At 2.75% AER

£500 a month

£89.38

At 2.75% AER

Estimated over one year, if the rate stays the same and interest is left in. Assumes you pay in that amount every month for the full term.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Hanley Economic BS Home Deposit Saver (TAR06)

Jan WatermannCo-Founder, DepositScout

This account suits first-time buyers who want a dedicated home deposit pot, but at 2.75% it sits below the regular saver market average and 5.25% behind the category leader at 8.00%. It also falls 0.35% below CPI inflation of 3.1%, so your money loses real value. You can save up to £500 a month to a £33,000 ceiling, which is useful, but Monmouthshire Building Society's Regular Saver at 5.00% or Coventry's First Home Saver at 4.25% would both work harder for the same purpose.

Compare Regular Savers

2 alternatives to Hanley Economic BS's Home Deposit Saver (TAR06)

Same type of account, closest on rate.

Common questions about the Home Deposit Saver (TAR06)

D

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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