Notices
  • Please note that our Market Tracker Cash ISA (2) has been withdrawn from sale. Any customers that have recently applied for this account will have 15 calendar days to initially fund their account.

  • Mortgage products - On Tuesday 30 September 2025, we made changes to our mortgage product range. This included decreases across many of our Fixed Rate products for Owner Occupier and Buy to Let products.

    Buy to Let Limited Companies

    In addition we launched new Fixed Rate products for Buy to Let Limited Company landlords (UK registered companies) who have expat shareholders and/or directors in our acceptable list of countries.

    Managed Mortgage Rates and Discounted Variable Rates

    From 1 October 2025, we'll be decreasing our Managed Mortgage Rates (MMR) by 0.25%. All on-sale discounted variable product rates and other details, including representative examples displayed on our website, have been updated to reflect these lower rates.

    We have written to existing customers who have been impacted by this change, with details relevant to them.

  • We've made some improvements to our Online Service. With several enhancements and added benefits our Online Service is now simpler and easier for you to use.  Online Service changes

  • Online Service update. Due to planned essential maintenance, our Online Service will be unavailable between 9.00pm to 12:00am on Saturday 11 October. We apologise for any inconvenience this may cause.


Our Intergenerational Wealth Transfer Research

How are gifts and inheritances affecting UK families?


Read about our research into how intergenerational wealth transfers are affecting UK families.

We investigated who has the ability and desire to help family and the implications for those who can’t.

Transfers of gifts and inheritances have become a major feature of UK economic life and this is set to increase in the future. These transfers have major impacts on both the gifter and the recipient in terms of how they live their lives and the opportunities available to them. 

Intergenerational report cover

What we found out

The report provided interesting insight into the effects and behaviours intergenerational gifting is having on people and the economy, such as:

  • Low interest rates and demographic changes has driven the rise in the size of wealth holdings.
  • Since the 1980's wealth relative to the size of the economy has more than doubled.
  • More people are planning to give an inheritance or gift to another generation than are expecting to receive one.
  • The vast majority of people planning to gift or pass on inheritance own their house either though a mortgage or outright (74%) whilst only 8% of renter expect to gift or pass on inheritance.
  • As it is increasingly harder for first time buyers to get on the property ladder, it comes as no surprise that gifters was to help their children / grandchildren buy their first home. 33% of people surveyed said this was the biggest reason for gifting and/or giving an inheritance.

To find out more on the research conducted, download a copy of the full report here.

You can also watch the webinar discussing the key findings of the report here.

Download the report

Research report conducted on how wealth transfers have had a major impact on how people live their lives and the opportunities available to them.

Download report

Watch the webinar

Watch the recorded webinar with Resolution Foundation and Family Building Society which discusses the key findings of the report.

Watch here