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Kent Reliance Building Society

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Has anyone invested with these?? I don't know anything about them and am thinking of opening a fixed rate bond with them, 1yr 6%

cheers
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  • They're great. I have last year's ISA with them (or is it the year before's...), and have an instant access savings account with them. Their in-branch customer service is great, and everything seems well run. I've no experience with them outside of branch.
    Target Cash Net Worth: £25K by January 2012
    Progress
    May-08
    19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%

  • Has anyone invested with these?? I don't know anything about them and am thinking of opening a fixed rate bond with them, 1yr 6%


    I don't have an account with Kent Reliance BS; however, I do know that they have some very attractive rates at the moment - especially for the senior citizen! (They have a 65+ account offering 6.45% if I remember correctly.) Also, I've heard that their customer service is above average.

    But there is no rate guarantee on their deposit accounts (e.g. 1% over base, etc.), so this may well drop like a stone in the near future.

    The one year fix at 6% looks attractive, particularly when other providers (notably Anglo-Irish) have dropped theirs by up to 1.5%.
    For the avoidance of doubt: I work for an IFA.
  • I have had an account with them for years. Most of their back office stuff is done in India where they own their own call centre/admin company. They also provide back office for others. As a result their admin costs are really low which means they pay good rates. I have always find them really efficient.
  • What happens when a fixed rate bond ends? The bond has to be opened by post, so at the end of the term do they send you a cheque or put it in another account. I do not live near a branch, so this has to be taken into account
  • I sent of my application for the 6% bond on Nov 1st and have not heard a dickie bird from them yet :-(
  • They're great. I have last year's ISA with them (or is it the year before's...), and have an instant access savings account with them. Their in-branch customer service is great, and everything seems well run. I've no experience with them outside of branch.
    IIRC they only have one Branch, and a handful of agents:D
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • Baldur
    Baldur Posts: 6,565 Forumite
    Spam reported
  • blackswan2 wrote: »
    I sent of my application for the 6% bond on Nov 1st and have not heard a dickie bird from them yet :-(

    Time to 'phone them then don't you think? Probably lots of applications to plough through but 17 days does seem a long time to process?
    I did have an ISa with them and they were v. good. Transferred it to Icesave some months ago - now who's a fool!?:p
    The transfer took about 5 days!
  • IIRC they only have one Branch, and a handful of agents:D


    And an apparent Indian call centre. :D

    http://www.bbc.co.uk/kent/have_your_say/news/call_centre_jobs.shtml
  • Geoffo_M
    Geoffo_M Posts: 1,161 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Baldur wrote: »
    Spam reported

    Where? Not here, surely?
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