Business
You need £17,000 for a first home - here's how to do it
Here are four ways you can put money aside to save enough for a deposit on your first home.
BBC Business•
The "Your First Home" scheme, announced on Saturday, aims to help first-time buyers in England get on the housing ladder with a small deposit.
Currently a 5% deposit on the current average UK house price of £272,000 plus moving costs and legal fees - will set you back about £16,850, according to financial information service Moneyfacts.
That's daunting, but here are four ways that experts say you can at least make a start on saving for a deposit.
The only other time you can withdraw the money is after the age of 60 or in the exceptional case that you are terminally ill with less than 12 months to live.