Fixed Rate Bonds

Invest for the future with lump sum investments 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 investments can bring.

Rates correct as at 24 Nov 2016

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 operating balance: £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 (03 Jan 2018). Closure of the account is not permitted until the day after maturity (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
  • 2 Year Fixed Rate Bond (Issue 249)

    Interest rate:

    1.15% Gross p.a./AER (fixed)

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account
    • Interest paid: annually on 02 Jan (commencing 02 Jan 2018) and on maturity (02 Jan 2019)
    • Withdrawals: No withdrawals are permitted until the day after maturity (03 Jan 2019). Closure of the account is not permitted until the day after maturity (03 Jan 2019).

    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
  • 3 Year Fixed Rate Bond (Issue 250)

    Interest rate:

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

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Interest paid: annually on 02 Jan (commencing 02 Jan 2018) and on maturity (02 Jan 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (03 Jan 2020). Closure of the account is not permitted until the day after maturity (03 Jan 2020).

    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
  • 4 Year Income Bond (Issue 16)

    Interest rate:

    1.30% Gross p.a.

     

     

    1.31% AER(fixed)

    • Minimum operating balance: £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 (04 Jan 2021). Closure of the account is not permitted until the day after maturity (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