1 year fixed rate 3.75% @ Derbyshire BS - HotUKDeals
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1 year fixed rate 3.75% @ Derbyshire BS

littel helper Avatar
7y, 6m agoFound 7 years, 6 months ago
1 year 3.75%
2 year 4.15%
3 year 4.50%
Your money is invested for a fixed period of either 1, 2 or 3 years
Interest is calculated daily and paid monthly (after 15th of each month) or annually and at maturity
1 Year Bond matures on 31.08.10
2 Year Bond matures on 31.08.11
3 Year Bond matures on 31.08.12
Fixed interest rate
1 account per investor
No withdrawals are allowed before maturity
Please read the 1 Year Bond, 2 Year Bond and the 3 Year Bond Key Product Information for this account before you apply
A Guaranteed rate over a fixed periodA guaranteed return and an attractive rate makes our Fixed Rate Bonds hard to beat. You can watch your savings grow as you know that the
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littel helper Avatar
7y, 6m agoFound 7 years, 6 months ago
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#1
worth a look, cheers
#2
Good rate for a 1 year fix, not sure I would do much longer than that
banned#3
pete_l;5710468
Meh,
Both Halifax and Nationwide are offering 4.75% for a 1 year fixed rate - min balance £550 or £1 respectively. Cold

halifax - [FONT=Times New Roman][SIZE=3]1 year £500+ 3.00%[/SIZE][/FONT]
5 years is 5.75%

same for the nationwide

check your facts before voting mate :whistling:
#4
csiman
halifax - [FONT=Times New Roman][SIZE=3]1 year £500+ 3.00%[/SIZE][/FONT]
5 years is 5.75%

same for the nationwide

check your facts before voting mate :whistling:

some just want to vote cold......i suppose!
strangely post is widrawn!!
#5
This is an excellent one year rate - but you do have to lock your fixed sum of money away for a year at this rate during which time lots of analysts think rates will rise considerably.
If you have £25000 or more to save (sale of house etc.) then it's also worthwhile looking at Investec's High 5 account - gives the average of top 5 accounts, currently 3.2%, updated weekly, so the rate rises in line with others and you do not need to keep moving money from account to account. You can add money to it and withdraw subject to 90 days notice. Normal £50000 UK cover too. Nevertheless, Derbyshire's rate is hot - thanks for finding it.
#6
Meh not sure I want to tie my money up for a year ... things are too fluid at the moment. Though the 1.6% Lloyds are offering is rubbish :(
banned#7
petermerritt;5710791
Meh not sure I want to tie my money up for a year ... things are too fluid at the moment. Though the 1.6% Lloyds are offering is rubbish :(

interest rates havent changed for 6 months now and most predict they will stay this way for some time yet. best get out that 1.6% account if I was you.
#8
Not worth it in my eyes

£25000 @ 3.2% = £800 a year

£25000 in a static caravan in Devon = £200 to £400 a week plus a free holiday
#9
v6dlc;5711715
Not worth it in my eyes

£25000 @ 3.2% = £800 a year

£25000 in a static caravan in Devon = £200 to £400 a week plus a free holiday


Maybe, and for some people it is an ideal investment - but you omit to mention site fees, damage, advertising, rip-offs if you transfer ownership or even the inability to sell on the open market, insurance, cleaning costs or the effort if you do it yourself, management fees, void weeks, like much of January & February; and most significantly the depreciation on the van itself is likely to be at a rate last seen on Rover cars, especially after a period of hard work being a letting!

Say disaster strikes, what's the chance of getting your money back in a week? It won't just be loss of interest then!

My (ex) Father-in-Law tried it, and while it was OK, it produced nothing like the returns he hoped for, was a LOT of bother and after that he bought more solidly into bricks & mortar.
#10
petermerritt
Meh not sure I want to tie my money up for a year ... things are too fluid at the moment. Though the 1.6% Lloyds are offering is rubbish :(


At least go for the Ing Direct @ 3% - easy access etc. so you will nearly double your earnings. Lots of accounts beat the big banks' savings accounts. I have never understood how banks offer such paltry amounts of interest when other building societies can offer double or more.

Also - if your savings are large then beware because Derbyshire is owned by Nationwide. In safety terms you get the usual £50,000 FSCS protection. However, most people will only receive a total of £50k protection across four societies - Derbyshire, Dunfermline, Nationwide and Cheshire BS -as they share one lot of FSA registration.
banned#11
v6dlc;5711715
Not worth it in my eyes

£25000 @ 3.2% = £800 a year

£25000 in a static caravan in Devon = £200 to £400 a week plus a free holiday

:w00t:

hardly comparable :whistling:
#12
v6dlc
Not worth it in my eyes

£25000 @ 3.2% = £800 a year

£25000 in a static caravan in Devon = £200 to £400 a week plus a free holiday

can't sale caravan overnight to get money!!

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