QUOTE (UKguy1979 @ Jul 11 2008, 10:42 PM)

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Its great at the moment, if you have spare cash you can put a side for a year go for it. Be aware that unlike bond terms by UK banks you cant with drawl your money under any circumstance. Early with drawl from a UK bank will mean you loose 3 months interest.
Just dropped £4K into one of these as an alternative to a lump sum payment off the mortgage. At present mort is a tracker at 5.05% and Im guessing rates will be heading south soon.