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Stroud And Swindon 7.05% Bond

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Comments

  • giuliasaab
    giuliasaab Posts: 3 Newbie
    OH POO! I've just registered for the forum so I could post about this fantastic rate and let you all know about it. But there's been much posting already.

    I'm off to sign up in the next few days with 50% of my planned investment, holding the balance to see if anyone trumps it next week. Heard the bit on radio 2 last night about rates going up, so yes, it could happen.
  • free4440273
    free4440273 Posts: 38,438 Forumite
    There goes my chance :( Well done to all those who subscribed :)

    "We regret Fixed Rate Bond 7.05% until 2 December 2008 is now fully subscribed and is no longer available.We regret Fixed Rate Bond 7.05% until 2 December 2008 is now fully subscribed and is no longer available."
    http://www.stroudandswindon.co.uk/fixed_rate_bond_3.aspx
    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:
  • Speculator
    Speculator Posts: 2,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Posted my application on Thursday and received my passbook this morning!
  • Speculator
    Speculator Posts: 2,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    now replaced with 6.95% Bond

    http://www.stroudandswindon.co.uk/fixed_rate_bond_4.aspx
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Speculator wrote: »
    Posted my application on Thursday and received my passbook this morning!

    Posted mine Wednesday - not seen owt yet!
  • mary
    mary Posts: 1,585 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Went into the branch on Friday and did it instantly. Thanks Kanchelskis - that's within 3 days of posting on this site, that it is fully subscribed. You really do have to act fast.
  • Speculator
    Speculator Posts: 2,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Old_Slaphead wrote: »
    Posted mine Wednesday - not seen owt yet!

    I sent my application using a Stroud and Swindon 1st Class prepaid envelope that I had lying around. I chosed not to use the FREEPOST address given on their website.
  • Speculator
    Speculator Posts: 2,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    mary wrote: »
    Went into the branch on Friday and did it instantly. Thanks Kanchelskis - that's within 3 days of posting on this site, that it is fully subscribed. You really do have to act fast.

    Sorry Mary, thanked you in error!

    Just wanted to say I think the S&S have a reputation of closing thier bonds to new applicants within a few days of launch. Thats why I acted fast on this one.
  • Afahmaep
    Afahmaep Posts: 301 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I wonder if the Bond Issue was a knock-on effect from the Regular saver that finished a few months ago. It allowed investors to put in a £1000 per month at 7%. I along with at least one other contributor to this thread took advantage but withdrew the full £12000 plus interest as soon as it matured. Funds which they expected to hold onto in inferior paying accounts immediately walked out the door and now they have a very short term cashflow problem.
    Old Saying Once bitten twice shy
    Modern Saying Once Sh*t on Twice Bye!
  • Thomas_Crown
    Thomas_Crown Posts: 933 Forumite
    Part of the Furniture 500 Posts Name Dropper
    free4440273 wrote: »
    There goes my chance :( Well done to all those who subscribed :)

    "We regret Fixed Rate Bond 7.05% until 2 December 2008 is now fully subscribed and is no longer available.We regret Fixed Rate Bond 7.05% until 2 December 2008 is now fully subscribed and is no longer available."
    http://www.stroudandswindon.co.uk/fixed_rate_bond_3.aspx


    I applied online, iirc on Thursday. I gave all my details including driving licence number & stated the amount that I wished to invest. I couldn't find my passport at the time but it was safely locked away.

    I printed off the application & posted it together with a cheque on Friday afternoon using the Freepost address given on the website.

    I wonder where I stand now? Will they count my online application as valid or will they return my cheque because the bond is now fully subscribed?
This discussion has been closed.
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