NW Fixed Rate 2 Year Bond - Need my money before Maturity

mark101

Does anyone know what the exit fee is? Is there another way of getting out.

ISA Opened in April.... Put an offer on a house and if accpeted will need this money. Should have put it in the normal 1!


Time remaining / Loss of interest
More than 3 years
180
Between 2 & 3 years
120
Between 1 & 2 years
150
Less than 1 year
[FONT=Verdana,Verdana][FONT=Verdana,Verdana][FONT=Verdana,Verdana][FONT=Verdana,Verdana]90 days[/FONT][/FONT]
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LittleVoice

mark101 wrote: »

Does anyone know what the exit fee is? Is there another way of getting out.

ISA Opened in April.... Put an offer on a house and if accpeted will need this money. Should have put it in the normal 1!


Time remaining / Loss of interest
More than 3 years
180
Between 2 & 3 years
120
Between 1 & 2 years
150
Less than 1 year
[FONT=Verdana,Verdana][FONT=Verdana,Verdana][FONT=Verdana,Verdana][FONT=Verdana,Verdana]90 days[/FONT][/FONT]
[/FONT][/FONT]

From what you have written you would lose 150 days interest. How much that amounts to depends on how much money you have in the account.

Speculator

If you invested the max £3600 allowed, you will lose £90.99 based on an interest rate of 6.15%.

mark101

Hmmm... the investment is far greater than £3.6k - I will look at alternatives, this if the offer gets accepted, if not than no problem.

Thanks guys.