New Leeds Building Society Three-year Fixed Rate Bond launched

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New Leeds Building Society Three-year Fixed Rate Bond launched

A new investment product has been added to Leeds Building Society's range of bonds, the company has announced.

The new Leeds Building Society Three-year Fixed Rate Bond allows customers access to some of the funds invested in the bond, without warning or penalty fees being charged.

Minimum investment is £100 in the product which offers a rate of 5.25 per cent and pays out interest on an annual basis.

Customers can choose to withdraw up to 25 per cent of the initial investment until the bond reaches maturity.

Stuart Fearn, product development manager at Leeds Building Society, says: "This is another product in our range that offers a guaranteed rate of return combined with the flexibility of access to some of the funds, without notice or penalty.

"This unique combination of guaranteed rate and access has proved popular with customers and we expect this account to popular with many investors," he adds.

Leeds Building Society also offers a range of mortgage products.

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