Savings Banks

Hometrack provides the most in-depth, up-to-date and independent survey of house prices and market trends in England & Wales. Whether you

Apply for a Cahoot savings account

easy access to saving wisely

Parents put faith in cash accounts - When given the option, the majority of parents are choosing to invest their child trust fund vouchers in cash accounts. [Investments - My Finances]

Britons saving less - Spending on holidays and home improvements meant that Britons saved far less in the last quarter than in the first three months of the year. [Investments - My Finances]

Money is for the living - Two in three adults are planning to live well, rather than pass on an inheritance to their family, a new study reveals. [Investments - My Finances]

The death of long-term savings? - Two adults in three have no concept of long-term savings, new research finds. [Investments - My Finances]

Natwest has just launched three brand new savings deals.

The bank has increased the interest rate on Young Saver accounts.

NatWest is keen to encourage parents of older children, who are not part of the new government Child Trust Funds scheme, to invest money on their behalf.

All three deals have this objective in mind, with the Young Saver service offering welcome packs, including charts and stickers.

The bank has also launched a one year fixed rate bond.

It requires a minimum investment of £5000 that must be kept for the full one-year term with no withdrawals made.

The third deal is an increased top tier rate on the bank's instant access Mini Cash ISA accounts.

Opromark is property investment made easy – instead of getting a mortgage and buying a whole property you can just buy shares in it.

Opromark is the world's first online property trading exchange.

You receive a dividend from rental income and benefit from capital growth if the share price rises.

On the 1st September Children's Mutual are launching a Child Trust Fund (CTF) that complies with Islamic law or Sharia.

The giving and receiving of interest is forbidden under the law of Islam.

The government launched the savings scheme for children earlier this year, with children born on or after 1 September 2002 receiving £250 each.

Up until now, parents of the 120,000 eligible Muslim children could only choose non-Sharia compliant accounts.

The Child Trust Fund gives the savings of every child born on or after 1st September 2002 a financial boost to the tune of at least £250. This figure can rise to £500 if your family is awarded the full Child Tax Credit. The initial £250 payment will take the form of a voucher, automatically sent to qualifying families during the first few months of 2005. And after that new parents should receive their vouchers once they start receiving Child Benefit.