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 24 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 253)

    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 (28 Feb 2018)
    • Withdrawals: No withdrawals are permitted until the day after maturity/closure of the account (01 Mar 2018).

    The account is limited issue. Once the account is open, you can make deposits up to and including 31 March 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 3)

    Interest rate:

    1.20% Gross 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 May 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 May 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 May 2018).

    The account is limited issue. Once the account is open, you can make deposits up to and including 31 March 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 17)

    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 31 Jan 2017 and on maturity (28 Feb 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 (28 Feb 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 March 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 254)

    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 28 Feb (commencing 28 Feb 2018) and on maturity (28 Feb 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 Mar 2022). Closure of the account is not permitted until the day after maturity (01 Mar 2022).

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

    Full details