Leeds launches new fixed rate ISA range with access

Leeds Building Society has launched a new suite of competitive fixed rate ISA products, which include 1, 2, 3 and 5 year versions.

Furthermore, all the products have the flexibility and peace of mind that comes with access to 25% of the funds, without notice or penalty at any time, which is unusual for fixed rate savings deals, and allow transfers in from other providers.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "This new suite of tax free products offer a combination of a good rate of return combined with the peace of mind provided by access to some of the funds at any time, without notice or penalty.

"There is no doubt that this combination continues to prove very popular and we have seen significant inflows into our fixed rate ISAs over the last eighteen months, with our customers attracted by both the value and flexibility we provide.

"All of our ISAs also allow transfers in from other providers, so customers can, if they wish, make life easier by having all their tax free savings in one place. With some cash ISA savers accumulating around £40,000 of tax-free savings plus interest, receiving a competitive return is important, particularly in this historically low interest rate environment.

"Therefore, I anticipate these fixed rate ISAs, with options ranging from 1 to 5 years and access to some of the funds, without notice or penalty, will be very popular and will be available on a first come, first served basis."