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The Top Fixed Interest Savings Discussion Area
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Its true that while savers are glad to see rate rises it is good to keep in mind that borrowers arent, but please keep this thread to things like actual rate rises, tips on how to operate individual accounts, or maybe highlighting something that will cause an imminent rate rise so that people can time fixes better.1
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And I completely agree with your post, it's just that this thread has a tendency to drift wildly off topic and significant posts might become lost and overlooked.NannaH said:I posted about mortgages rates to point out that while interest rises are great for us savers, they are a disaster for young families with high ltv mortgages.1 -
Hopefully folk read their mortgage offer with examples of repayments at different levels of interest rates. As presuming rates would remain at record lows forever would be a serious mistake.NannaH said:I posted about mortgages rates to point out that while interest rises are great for us savers, they are a disaster for young families with high ltv mortgages.0 -
Off topic.jimexbox said:Hopefully folk read their mortgage offer with examples of repayments at different levels of interest rates. . .
Warning: In the kingdom of the blind, the one-eyed man is king.
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Did I speak too soon Newcastle BS 1 year fixed @ 4.1% - who’s next ?4
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Newcastle BS now offering a 1-Yr fix (until Nov 2023) @ 4.10% - £500 -> £250,000... monthly or annual interest options.Reading the t&c, seems to operate like those Shawbrook accounts where you can continue to fund until the issue is withdrawn.Converts to an easy access account upon maturity.3
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Very tempting, although I think I'll hang on for 5%.Pompeydave1967 said:Did I speak too soon Newcastle BS 1 year fixed @ 4.1% - who’s next ?0 -
I think you meant £500 rather than £50janusdesign said:Newcastle BS now offering a 1-Yr fix (until Nov 2023) @ 4.10% - £50 -> £250,000... monthly or annual interest options.
Minimum Opening Deposit: £500
https://www.newcastle.co.uk/savings/fixed-rate-bonds/newcastle-one-year-fixed-rate-bond-issue-61
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Pompeydave1967 said:Did I speak too soon Newcastle BS 1 year fixed @ 4.1% - who’s next ?
This is tempting to add a rung on my ladder
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Do we think rates will be higher in 1 year?0
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