The Old Regular Savers Discussion Thread 28/12/24-29/1/26

WindfallWendy

IanManc said:

WindfallWendy said:

Hi everyone...

.........

So my question to you all is... I'm looking at the Home Deposit Saver at Leeds. It's 4.8% so not outstanding, but it allows £500/month and if you get a mortgage offer from the Building Society within 5 years, you get a bonus £500. Where is the catch? I might well be thinking of moving in that timeframe, and even if I'm not, why not get a mortgage offer from them anyway, if you benefit by receiving £500???!?

..........

Thoughts? 

The website says: "If your mortgage does not complete we have the right to reclaim the bonus of £500".

...Well that's fine. I'd be doing it more for the £500/month deposit to be honest. Twice that of their normal RS at the same rate with no obvious barrier to opening one. I fully expect to move house again at some point.

Do others have these on their list of RS holdings? 

s71hj

surreysaver said:

Hattie627 said:

Not meaning to be pedantic, but I thought there was a rule about not identifying staff working in financial institutions in discussions on here. Lisa from Halifax probably wouldn't be identifiable (there will be many Lisa's there) but there is probably only one Lisa at Principality.

I have two pending RS maturities with Principality, 30th May and 5th June. The online system offered me, in both cases, a rollover to a 6 month RS Issue 3, which I opted for in both cases. My options were acknowledged without issue. I will be disappointed if it turns out that such an option is not allowed.

It could well be a pseudonym, and their real name may not be Lisa

Possible Owain. Or Wayne.

clairec666

s71hj said:

surreysaver said:

Hattie627 said:

Not meaning to be pedantic, but I thought there was a rule about not identifying staff working in financial institutions in discussions on here. Lisa from Halifax probably wouldn't be identifiable (there will be many Lisa's there) but there is probably only one Lisa at Principality.

I have two pending RS maturities with Principality, 30th May and 5th June. The online system offered me, in both cases, a rollover to a 6 month RS Issue 3, which I opted for in both cases. My options were acknowledged without issue. I will be disappointed if it turns out that such an option is not allowed.

It could well be a pseudonym, and their real name may not be Lisa

Possible Owain. Or Wayne.

Owain Hughes. And before you ask, no I don't 😆

(Joke from Gavin and Stacey, for those who don't know)

pecunianonolet

Melton BS Regular Saver NLA but still showing on moneyfacts. 

@Bridlington1

Bridlington1

pecunianonolet said:

Melton BS Regular Saver NLA but still showing on moneyfacts. 

@Bridlington1

Was removed from the first page of this thread about a month ago due to it going NLA. Moneyfacts are yet to notice it has gone NLA though.

pecunianonolet

Bridlington1 said:

pecunianonolet said:

Melton BS Regular Saver NLA but still showing on moneyfacts. 

@Bridlington1

Was removed from the first page of this thread about a month ago due to it going NLA. Moneyfacts are yet to notice it has gone NLA though.

No problem, I don't have accounts with Melton so ignored any detailed conversations so far but was looking at it as I have spare cash that needs a home and the rate looked attractive. Hopefully something else comes around soon :-)

alfred64

pecunianonolet said:

Bridlington1 said:

pecunianonolet said:

Melton BS Regular Saver NLA but still showing on moneyfacts. 

@Bridlington1

Was removed from the first page of this thread about a month ago due to it going NLA. Moneyfacts are yet to notice it has gone NLA though.

No problem, I don't have accounts with Melton so ignored any detailed conversations so far but was looking at it as I have spare cash that needs a home and the rate looked attractive. Hopefully something else comes around soon :-)

 Melton regular saver 5 is still available though; and  can almost be treated as an easy access account.
  £500 max monthly deposit, withdrawal access and 5% interest if balance kept under £6k.

ThePirates

Bridlington1 said:

pecunianonolet said:

Melton BS Regular Saver NLA but still showing on moneyfacts. 

@Bridlington1

Was removed from the first page of this thread about a month ago due to it going NLA. Moneyfacts are yet to notice it has gone NLA though.

I had a bit of a conversation with Moneyfacts about this last week! They took it off the list for a couple of hours and then came back to me saying it was still available on branch so put it back on their site!

CricketLady

Good morning - I've chosen to close my Aldermore 5% Regular Saver set up on 3rd January earlier this year because the rate drops to 4.75% tomorrow - whilst it says that I can close the account and the money (currently £1500) will be sent to my nominated account (Lloyds) it then states that I won't be able to log in to my account if I close it so before I do that, can I just check - will the £1500 be sent with added interest or will I just get my £1500 back?!?  I think I know the answer but just thought I'd ask you kind people if anyone knows already.

Btw I've checked all the terms and conditions in the paperwork saved regarding this account but can't find the answer to this question, I've secure messaged Aldermore as well but thought MSE forumites might be quicker!

Thank you xx

chris_the_bee

CricketLady said:

Good morning - I've chosen to close my Aldermore 5% Regular Saver set up on 3rd January earlier this year because the rate drops to 4.75% tomorrow - whilst it says that I can close the account and the money (currently £1500) will be sent to my nominated account (Lloyds) it then states that I won't be able to log in to my account if I close it so before I do that, can I just check - will the £1500 be sent with added interest or will I just get my £1500 back?!?  I think I know the answer but just thought I'd ask you kind people if anyone knows already.

Btw I've checked all the terms and conditions in the paperwork saved regarding this account but can't find the answer to this question, I've secure messaged Aldermore as well but thought MSE forumites might be quicker!

Thank you xx

Aldermore
If you close the account, accrued interest will be paid to date of closure.