Tembo has launched a brand new Lifetime ISA bonus.
Tembo prospects who save with a Lifetime ISA (LISA) and use Tembo’s free Mortgage service will obtain a 1% bonus of their LISA worth in the direction of their house buy.
In addition, prospects may also profit from entry to fee-free mortgage recommendation.
LISA holders with deposits with different suppliers are capable of sign-up to the Tembo Savings & Homebuyer app and arrange a switch from their present supplier.
According to Tembo’s personal buyer knowledge, first-time consumers who use a LISA are on common 4 years youthful than those that don’t. It discovered the lowered time to purchase saves a mean of £1,500 on mortgage curiosity for LISA savers.
Tembo chief government officer Richard Dana says: “With mortgage charges easing and home costs holding regular, the outlook for first-time consumers over the following yr is trying brighter. Our new Tembo Lifetime ISA Bonus presents an additional serving to hand to these aiming to get onto the property ladder in 2026.”
