Bonds

PMR33

I looked up best investment rates and found a company best-investment-rates.co.uk showing a top 10 list of which this was top (along with household names such as halifax further down the list).

taylornj

PMR33 wrote: »

I looked up best investment rates and found a company best-investment-rates.co.uk showing a top 10 list of which this was top (along with household names such as halifax further down the list).

Your taking the information from a site that doesn't know the difference between bonds from a bank and those from P2P lenders.

AssetzCapital, RateSetter are not Banks or Building Societies, they don't meet the banking regulations.

On the web site they go on and actual intend to charge for their service to send out an e-mail each month with best rates. I will not be signing up for such a service.

redux

PMR33 wrote: »

I looked up best investment rates and found ...

Viewing that website on my tablet the second t of the word investmen
t
is on its own on a separate line

ARandomMiser

I regularly seem to get investment type bond opportunities through 'Lovemoney' emails (I think they are a reputable site) - far too risky for my liking though

DrSyn

The old saying "The higher the return, the higher the risk", applies to bonds as well as shares!

If you want to see the best rates for low risk accounts you could look here:-

http://www.moneysavingexpert.com/savings/

http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html


The very high rates on bonds can either be:-

(a) Very high risk. If the company is legitimate that is. To meet regulations there will be some form of warning that it is a significant or high risk product on the website somewhere. You then have to do your due diligence.

(b) A scam of some type. These high rates are there just to attract the punters.



In you original post you mention they have insurance scheme to protect up to £75000. Any insurance is only as good as they company writing it.

Questions you could ask yourself
1. What is name of this insurance company?
2. Have I heard of it?
3. How long has it been in existence?
4. What exactly does the insurance policy cover, if things go wrong?
5. Is this company on the list of UK insurance companies?

Do you really want to go that much trouble?

Remind yourself,
" It always looks to good to be true, only because you do not know or understand the risks"

or as my friend used to say
" If it sound to good to be true, let someone else have it."

bigfreddiel

I think you should just buy some and let us all know how it goes

killibinbin

Was just doing a search for investments and sent for their brochure

killibinbin

Thank you for all your replies to the Blackmore bond I think I might pass.....

MrBen123

I have also seen this offer. Too good to be true. I thought i would send them a quick message. I wasn't convinced after looking at their GDV figures. After you take out build and land cost, (tax and v.a.t. on GDV figure also??) doesn't leave much. Just doesn't add up.

Hi there. Please don't be offended but, just a quick question i need to ask:- If banks are lending at record low interest rates, how comes you don't just borrow from them? Your portfolio of recent builds/developments shows you are up and running/liquidity, i would of thought most banks would have jumped at that?

Daniel Blunden
Hello. You are speaking with Daniel and I am an account manager here. May I take a note of your full name please so I know how to address you?

Sorry. no.

Daniel Blunden
Borrowing through the banks is more restrictive and slow. Raising capital through a bond allows us to be reactive to developments as they come to us as well as providing investors the opportunity to earn competitive interest on their capital.

Thanks for the answer. Good luck.

Rancid

Great thread, I was baffled how this return could be legitimate

Thanks all

T