Combination Bond

A savings and investment opportunity all rolled into one

  • A Legal & General investment bond - a choice of investment bonds with access to a wide range of funds, each with different aims,
    PLUS
  • A YBS Savings Bond until 30 September 2011 - enjoy a fixed rate of 6.00% gross pa/AER.

This product combination is available until 30 September 2010 and you must use the Investment Planning Service, where you will receive investment advice from a Legal & General Adviser.


Key features

  • Growth and income options
  • At least 70% of total investment must be in a Legal & General investment bond
  • Minimum investment of £5,000 with Legal & General
  • Medium to long term investment (at least 5 years, ideally longer)
  • Charges may apply on closure
  • Unlike a deposit account, the value of an investment bond may fall as well as rise. The capital value and level of income are not guaranteed and you may get back less than you originally invested.  

How to apply


Yorkshire Building Society introduces its customers to Legal & General for the purposes of advising on and arranging life assurance and investment products bearing Legal & General's name.

Key features

  • Interest rate fixed until 30 September 2011
  • Annual & monthly interest options
  • Minimum investment of £1,000; maximum £500,000
  • 1 withdrawal allowed during term, including closure, without notice or charge
  • No additional deposits allowed.

Summary box
Key Product Information for our Savings Account

Account Name Yorkshire Building Society fixed rate Savings Bond until 30 September 2011
(must be opened in conjunction with a Legal & General investment bond)
Interest rates (AERs) Fixed rate until 30 September 2011 paid annually or monthly. View interest rates.
Tax Status
 or 
Conditions for bonus payment N/A
Withdrawal arrangements One part withdrawal or closure during the term. Further withdrawals or closure not allowed, subject to daily withdrawal limits
Access Branch

Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.

How to apply

Interest rates for
YBS 1 year fixed rate Savings Bond

Rates fixed until 30 September 2011.


N.B. This Savings Bond is only available when purchased alongside a Legal & General investment bond following advice from a Legal & General Adviser. The minimum investment amount for the Savings Bond is £1,000 and for the Legal & General investment bond is £5,000, making the total combined minimum investment £6,000. Unlike a deposit account, capital in the Legal & General investment bond is not guaranteed, its value and the level of income may fall as well as rise. 

 

AER assumes investment on 30 September 2010.

How to apply

A balanced approach to investing

What do you want from your investments? Chances are that there is no simple, straightforward answer. In truth, no single investment is likely to satisfy all your needs. That's why we're here - to help you choose the ones that are best for you.

  1. What the Investment Planning Serivice offers
    • A wider range of investment opportunities brought to you from Yorkshire Building Society and Legal & General working together.
    • More choices to satisfy your individual needs.
    • The combination of short-term savings and the potential for long-term growth.
  2. Why Legal & General?

    To add to our own expertise and product range, we have chosen to work with Legal & General. The Legal & General Group, established in 1836, is one of the UK's leading financial services companies. Over 6.5 million people rely on them for life assurance, pensions, investments and general insurance plans. The Legal & General Group is responsible for investing £280 billion worldwide (as at 31 December 2008) on behalf of investors, policyholders and shareholders.

  3. Personal service

    You can talk to a Legal & General Adviser either at your local branch or by phone at your convenience. Alternatively, they can visit you at home. The Adviser will take the time to find out about your current savings and investments and what you want your money to achieve in the future. This will help to identify suitable products for your needs.

  4. A wide range of investments

    Through the Investment Planning Service you have access to a wide range of investments including:

    • Legal & General's investment bonds that allow diversified investments into shares, fixed interest securities, UK commercial property and cash
    • A range of Legal & General ISAs (Individual Savings Accounts) that complement our ISAs and allow you to invest tax-efficiently in stocks and shares as well as cash.
    • Unit Trusts that provide access to the growth and income potential of stocks and shares.

    You will have the option of combining investments designed for money you can leave untouched for five years or more, with shorter term investments.

How to apply


Call us on 0845 1 200 100*
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Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.

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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).