New Fixed Rate Bonds From Leeds Building Society

Leeds Building Society has new 3 and 5 year fixed rate bonds at great interest rates and with great access to funds.

The new 3 year fixed rate bond savings account pays up to 4% Gross AER. The minimum investment is £1,000 and interest can be paid monthly or annually.

Unlimited withdrawals of up tp 25% of capital invested can be made at any time, without notice or penalty. No further withdrawals can be made.

This is a differentiator when compared to many of the fixed rate bonds currently on the market.

The 5 year fixed rate bond pays up to 4.5% Gross AER.

Kim Rebecchi, Leeds Building Society’s Sales and Marketing Director said, “Both these fixed rate bonds pay rates of interest significant higher than the current Bank of England base rate (BBR) of 0.5%. The 3-year account pays up to 8 times higher than BBR at 4%, with the 5-year version paying up to 9 times more than BBR at 4.5%.

There are no short term bonuses or requirements to open any linked accounts. Customers avoid having all their funds locked away for the duration of the term, and can keep their options open. Available for 3 or 5 years, both with monthly interest options for those customers who require an income, this range of products offer certainty and choice. Therefore, I anticipate many investors would benefit from this combination in their portfolio.”

For more information, customers can call into their local branch, visit the website at www.leedsbuildingsociety.co.uk, or call the savings hotline, on 08450 540 995.