Leeds Building Society has launched a one year fixed rate bond paying 4.8 per cent until 1 February 2007.
The product, with a minimum investment of 5,000, also offers a monthly interest option. Unusually for this type of product, access is available on up to 50 per cent of the amount invested without notice or penalty, providing greater flexibility.
The Society also offers a regular saver account for customers who are unable to invest an initial lump sum. A regular saving of 20 per month will give a return of 5.00 per cet – 2.00 per cent variable plus a fixed bonus of 3.00 per cent. The product also allows one penalty free withdrawal during the bonus period.