Leeds to launch Fixed Rate Bond with access

Leeds Building Society is launching a new fixed rate bond that combines a competitive return of up to 6.25% gross p.a./AER, with access to 25% of the balance without notice or penalty at any time.
Furthermore, there are also monthly interest options for customers who require an income. The new bond is available from Tuesday 26th August.

Karen Wint, General Manager Marketing & Customer Services said, "This bond provides an excellent home for savings and access to some of the funds in case of emergency. We know that peace of mind is a key factor in any investor's decision and these bonds deliver exactly that, with a competitive guaranteed return and flexibility.

"Last week's Bank of England's quarterly inflation report stated that inflation may now have peaked with the next change in bank base rate likely to be a cut, either later this year or early in 2009. However, once savers have invested in our new fixed rate bond they will not be impacted by any expected downward fluctuations in base rate.

"Customers also have access to a full branch facility when operating the account or by post if they prefer."

For further information visit leedsbuildingsociety.co.uk