Can anyone give me some advice regarding Fixed Rate accounts.
I put my saving into a Icesave fixed rate account in Jan07, believing I would not be needing any extra cash for the year. I am aware your not supposed to take money out or close the account until it has reached full term, but I have had a wonderful life changing oppitunity to buy a property in Eygpt with my partner ,but of course I need my savings out of the fixed account. I wrote a groveling letter pleading my case and after 4 nail bitting weeks was told NO, I cant have my savings due to terms and conditions. Its left myself and partner heartbroken, I have been into the high street banks and they have all said they would release funds either after 60/90 days or with a fee, but Icesave offered neither of these options. I also understand Icesave is a Icelandic bank and may have different rules to the UK banks, any advice at this stage would be very helpful, as we dont know where to turn.
I feel like they have ripped our dreams from under us.