Leeds unveils 1 year fixed rate bond at 3.46% with 25% access

Leeds Building Society is unveiling, with effect from Thursday 15th September, a new 1 year fixed rate bond combining a high guaranteed return of 3.46% gross p.a./ AER with unlimited access to 25% of the funds, without notice or penalty, at any time.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "This 1 year fixed rate bond offers the best high street rate, combined with the flexibility of unlimited access to 25% of the funds. Furthermore, it can be opened with only £100.

"Other fixed rate bonds currently available on the market require customers to lock away all, or the large majority of, their funds. We believe our new bond provides the best of both worlds and expect this combination of a high fixed rate and access to prove popular.

"The maximum investment is £5,000 (£10,000 for joint accounts) of new money for this new account, which is available throughout our 65 strong national branch network, through postal channels and online."

For more information, visit leedsbuildingsociety.co.uk.