Lloyds/HBOS PLease help before Ihave a breakdown!!!

poorbird73

:j Hello!

After weeks of searching for a decent fixed rate bond for my Mum ( Thank again to all that helped me on here!) I decided on the AA Fixed rate 3.75 one year bond :j



Now just spoke to my other half who says I should be careful as Bank of Scotland is in trouble , I know there may be an issue with thanks to one kind person who warned me about this but I am not sure how severe??GGrrrrrrr

Could someone please please please confirm that its now then I can get the AA bond and get back to having a life !!

Thanks x

nrsql

Are you going to be above the 50k guarantee limit?
If so there might be some concern - if not then at the moment it's probably no riskier than the other banks.

RayWolfe

Most banks are in trouble, that's why the first 50K is guaranteed.

opinions4u

As the government own 65%-77% of the bank, there is no way you are going to lose a penny.