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.

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

  • 1 Year Fixed Rate Bond (Issue 256)

    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 (31 May 2018)
    • Withdrawals: No withdrawals are permitted until the day after maturity/closure of the account (01 June 2018).

    The account is limited issue. Once the account is open, you can make deposits up to and including 31 May 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 255)

    Interest rate:

    1.15% 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 30 Apr (commencing 30 Apr 2018) and on maturity (30 Apr 2019).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 May 2019). Closure of the account is not permitted until the day after maturity (01 May 2019).

    This account is limited issue. Once the account is open, you can make deposits up to and including 12 May 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 257)

    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: annually on 30 Apr (commencing 30 Apr 2018) and on maturity (30 Apr 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 May 2020). Closure of the account is not permitted until the day after maturity (01 May 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 May 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 18)

    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 28 Apr 2017 and on maturity (04 May 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 (05 May 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 May 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 258)

    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 03 May (commencing 03 May 2018) and on maturity (03 May 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (04 May 2022). Closure of the account is not permitted until the day after maturity (04 May 2022).

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

    Full details