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Birmingham Midshire 6% Ten Year Fix

Some people like certainty regarding what interest they will get on their savings. :rotfl:

http://www.askbm.co.uk/savings/t/fixed/product.asp?id=140

Comments

  • dadsarmy
    dadsarmy Posts: 122 Forumite
    April Fool - right?
  • bristolleedsfan
    bristolleedsfan Posts: 12,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dadsarmy wrote: »
    April Fool - right?


    So not to disappoint, heres an April fools joke. :beer:


    Graham Beale - Nationwide boss resigns

    BBC News

    His shock resignation comes as the UK housing market suffers a slump, with falling prices and higher rates of repossessions.

    Nationwide have closed their doors to new mortgage business and have withdrawn their full range of mortgage products.

    The BBC's Robert Peston says Mr Beale is resigning as the country's housing market faces its worst crisis in years.
  • free4440273
    free4440273 Posts: 38,438 Forumite
    :eek: :eek:
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'd say 6% was a good deal for savers over 10 years.
    4.8% net means that you should beat inflation comfortably.

    Just imagine the effects on the economy if the UK housing market had to put up with equivalent average mortgage interest rates of 7.25%+ for the next decade.

    And if the FSA was going to bring me to court for rumour-mongering about HBOS shares a couple of weeks ago I'd bring this deal into court as evidence that HBOS was desperate for savers cash.

    (But it wasn't me, m'lud, honest. )
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