Fixed Rate Bonds

Invest for the future with lump sum deposits to make the most of higher interest rates. Choose from a range of terms and benefit from the higher interest rates that locking away your money or making lump sum deposits can bring.

Rates correct as at 17 Jan 2017

If the balance falls below the minimum operating balance, the basic investment rate of interest which is currently 0.05% Gross p.a./AER (variable), shall apply.

  • 1 Year Fixed Rate Bond (Issue 251)

    Interest rate:

    1.01% Gross p.a./AER (fixed)

    • Minimum investment: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account
    • Interest paid: On maturity (02 Jan 2018)
    • Withdrawals: No withdrawals are permitted until the day after maturity/closure of the account (03 Jan 2018).

    The account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 15 Month Fixed Rate Access Bond (Issue 2)

    Interest rate:

    1.20% Gross p.a./AER (fixed)

    • Minimum investment: £100
    • Maximum balance: £1,000,000 (2,000,000 for joint accounts) plus accrued interest credited to the account.
    • Interest paid: On maturity on 02 April 2018.
    • Withdrawals: Access is limited to withdrawals of up to 50% of your total sum deposited, without notice or loss of interest, prior to maturity (02 April 2018) subject to minimum balance of £100 being maintained. Closure of the account and further withdrawals are not permitted until the day after maturity (03 April 2018).

    The account is limited issue. Once the account is open, you can make deposits up to and including 28 February 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 4 Year Income Bond (Issue 16)

    Interest rate:

    1.30% Gross p.a.

    1.31% AER(fixed)

    • Minimum investment: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Interest paid: monthly on the last working day of the month commencing 30 Nov 2016 and on maturity (03 Jan 2021). Interest must be transferred either to another building society/bank account or to another account held with the Society.
    • Withdrawals: Withdrawals are not permitted until the day after maturity/closure of the account (04 Jan 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 5 Year Fixed Rate Bond (Issue 252)

    Interest Rate

    1.55% Gross p.a./AER (fixed)

    • Minimum investment: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account
    • Interest paid: annually on 31 Jan (commencing 31 Jan 2018) and on maturity (31 Jan 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 Feb 2022). Closure of the account is not permitted until the day after maturity (01 Feb 2022).

    The account is limited issue. Once the account is open, you can make deposits up to and including 28 February 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details