The Top Regular Savers Discussion Thread

10_66

soulsaver said:

allegro120 said:

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

Do we know if it is possible to get an additional profile now? I (and OH) have 05s.

When I clicked on bank account details on Yorkshire Bank website, the link just takes you to the Virgin website now.

allegro120

soulsaver said:

allegro120 said:

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

Do we know if it is possible to get an additional profile now? I (and OH) have 05s.

No, I don't think you can get it now. I opened Clydesdale accounts "82" a couple of years before merger.  After the merger I opened Virgin accounts which used Yorkshire sort code "05".  That's how I ended up with 2 profiles.  I still have 4 current and attached savings accounts, 2 for each profile.  The only inconvenience is that the app shows only one profile, the other one I have to access on-line.

WindfallWendy

Hi everyone...

I'm doing my occasional check in and update of my Regular Savers and trying to spot anything I'm missing out on. Today's adventures have included:

Opening Virgin Current account and Regular Saver account, taking my tally up to 12 Regular savers now.
Applying for a Progressive BS RegSaver. The verification took AGES, but I'm in now. Mildly concerned that once I made a debit card payment, it said an error had occurred. But that takes me to 13 RSs.
Looking at Leeds Building Society accounts....

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???!?

Are there more of these accounts available? It seems like a reasonable option instead of over-paying on the mortgage for those who have low mortgage rates (I'm still living the dream on a 0.89% rate from 3.5years ago).

Thoughts? 

chris_the_bee

WindfallWendy said:

Hi everyone...

I'm doing my occasional check in and update of my Regular Savers and trying to spot anything I'm missing out on. Today's adventures have included:

Opening Virgin Current account and Regular Saver account, taking my tally up to 12 Regular savers now.
Applying for a Progressive BS RegSaver. The verification took AGES, but I'm in now. Mildly concerned that once I made a debit card payment, it said an error had occurred. But that takes me to 13 RSs.
Looking at Leeds Building Society accounts....

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???!?

Are there more of these accounts available? It seems like a reasonable option instead of over-paying on the mortgage for those who have low mortgage rates (I'm still living the dream on a 0.89% rate from 3.5years ago).

Thoughts? 

Coventry, Progressive and Skipton all have a home buyers Regular Saver. There are others that are restricted for first time buyers as well. BTW Progressive BS RS rate looks a bit low, I am sure you can get better.

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 :-)