Leeds two-year fixed rate postal bond on market

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Leeds two-year fixed rate postal bond on market

A Leeds two-year fixed rate postal bond will become available on December 28th, it was announced today.

The new bond pays a five per cent return and allows instant access to all funds without notice, the building society said.

Stuart Fearn, Leeds' product development manager, said: "This postal bond offers an unusual combination of an excellent guaranteed return of five per cent with the flexibility of access to all the funds, if required, at a slightly lower rate."

He added that the Leeds two-year fixed rate postal bond would give customers peace of mind with its rate guarantees and competitive returns.

The building society launched a ten-year fixed rate mortgage last week, catering for people with smaller deposits.

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