A lender has launched a new fixed bonds product.

Anyone thinking about taking out Skipton Building Society fixed rate bonds may be interested in a savings account now being offered by the financier.

The lender has announced that it is to launch a new fixed rate bonds deal called the 1 Year E-Bond Issue 2 offering a rate of 3.15 per cent, a figure which may appeal to those wishing to make the most of their money following the recession.

This product has been designed to supersede the company’s Limited Edition 1 Year E-Bond and, like its predecessor, gives savers the opportunity to store between £500 and £1,000,000 in the account.

Kris Brewster, head of products at Skipton, commented that this previous package had proved “incredibly popular”, but now needs to be replaced due to its “limited tranche available” to consumers.

This comes after the financier last week announced the launch of a new range of ISAs, including one and five-year products.

Meanwhile, Norwich and Peterborough Building Society has announced the launch of a new savings account.

This development – which was revealed today (November 12th) – may be of note to anyone who has been looking to compare savings on products such as fixed bonds in the recent past, as the financier’s fourth version of its E-saver package has a variable interest rate of 2.80 per cent.

In addition, the lender is also offering a gross annual equivalent bonus of 1.60 per cent, which will be awarded to the customer on the first anniversary of the deal being taken out.

Gary Lacey, savings product manager at Norwich and Peterborough, commented the product represents a “great savings account for people who are looking to make their money work hard for them”.

Meanwhile, the deal may be of particular interest to older people, as Ed Bowsher of Lovemoney.com believes this cross-section of society will curb their spending habits before other groups.

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A lender has launched a new fixed bonds package.

People looking for a competitive fixed bonds savings account package may be interested in a new deal being offered by one financier.

In news which may also be of note to anybody who already has Leeds Building Society fixed rate bonds, the lender announced yesterday (January 26th 2011) that it has introduced an 18-month product which has an annual equivalent rate of 3.15 per cent.

Additionally, the deal offers customers flexibility and more peace of mind in terms of their savings as they are allowed to access a quarter of the funds they contain at any time without the need for notice or encountering a penalty for doing so.

Kim Rebecchi, sales and marketing director at Leeds Building Society, commented that this represents “market leading combinations” and added that interested people should visit one of the lender’s branches to discuss their options.

Research conducted by Clydesdale and Yorkshire Bank showed recently that there is more than £6 billion stashed in forgotten savings in the UK.

Meanwhile, ISAs should be part of every investment portfolio, an expert has said.

Taking the opportunity to compare savings on the best ISA deals available in the UK should be an essential part of all people’s method of working, it has been suggested.

According to Andrew Barker, chief operating officer at Skipton Financial Services, products such as cash ISAs represent the “one tax-efficient gift the government does give you”, meaning that they should form an “essential part of every investment portfolio”.

Mr Barker explained that “only around a third” of the adult population in Britain currently hold an ISA, with the majority of these people then failing to top up their savings annually.

“Therefore, with the end of the current tax-year looming, we would urge people to take advantage of their full ISA allowance, or risk losing it forever,” he added.

Meanwhile, Richard Talbot of Credit Action said recently that consumers are now more aware of the need to save for the future.

A financier has added to its range of fixed bonds deals.

People looking for savings accounts such as fixed rate bonds in the near future might be interested in a new deal being offered by one financier.

Leeds Building Society has announced the re-introduction of its fixed bonds product available via mail, which offers a guaranteed gross per annum return of 2.5 per cent, as well as giving customers the freedom and flexibility to access their funds at any time without any notice or penalty for doing so.

The package is available to both new and existing customers and Kim Rebecchi, sales and marketing director at the lender, revealed it had been launched again at the same rate due to the “excellent response” it received from consumers.

Ms Rebecchi added that the potential of securing a guaranteed fixed return of two per cent higher than the Bank of England base rate will be “extremely popular” with savers.

This comes after Santander last week (December 2nd 2010) announced the launch of a new range of fixed rate bonds products.

Consumers searching for a competitive home credit deal such as a tracker mortgage may be inclined to consider a new product launched by Leeds Building Society earlier this week (December 6th 2010).

This came after the financier announced the introduction of a three-year fixed rate mortgage with a rate of 3.45 per cent, which could be ideal for those people seeking stability who are unwilling to risk a package that tracks the Bank of England base rate in these uncertain financial times.

This figure of 3.45 per cent is available up to a loan-to-value rate (LTV) of 75 per cent, while the lender has also created products with rates of 3.89 per cent and 5.29 per cent, which can be taken along with LTVs of 80 and 85 per cent respectively.

Meanwhile, the financier recently also launched a new range of fixed rate bonds packages offering annual returns of 2.5 per cent.

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