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Great News Today!
Got a lettter from FSCS today to confirm that I will get allmy money back on the 3rd of September, plus interest of £16,975.00. Off to the pub then!!
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My bond matures in September.
I stand to gain about 16K on my 300K investment.
The best place has got to be to purchase a holiday home.
I have already borrowed 250k to get the ball rolling on a decent place which will see circa 8% return over a year.
Fiddling about with BS is a wast of time IMOP.
Simon
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Has anybody who is holding a bond (and leaving it in until maturity), had any paperwork to fill in on the subject yet?. I have not had anything since my 2nd e.mail. Thx. Simon.
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Brilliant news.
Good luck to all who have had the 2nd e.mail.
Has anybody had the confimatory letter yet?
I am keeping my 300k bond in until maturity (Sept 09).
Should get my letter in the next few weeks............no panic yet!
Simon
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I know its early days, but has anybody who has opted to keep their bond had a confirmatory letter yet?.....I haven't!.
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I have opened accounts with Alliance & Leicester, Bradford & Bingley, Birmingham Midshires, Coventry BS and Citibank so far!.
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After a call to financial services (very helpful), I decided to let my bond run until Sept 09.
The interest rate (7.1% gross), is still very competitive, and the money is 100% safe.
Hopefully by next September the dust will have settled a bit and a new home(s), can then be found for the cash.
Simon.
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More good news....................
I have just checked my linked account.......payment had been made via financial services as promised.
Just waiting for the paperwork on my 1 year bond now.
Its great to have money back that at one point I never thought I would see again!.
Simon
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To all you worried investors....
A few facts.............
1: Your money is 100% safe.
2: If your e. mail address is still current you will recieve both e.mails.
4. There are a lot of investors, so a lot of e.mails to send out.
5. Even if you do not get an e.mail there are procedures in place to make sure you are kept "in the ...
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Jacqui P...many thanks for your kind words.
I will never forget listening to the world at one on Tuesday 7 October.
My world collapsed as I could see the majority of my life savings being taken away from me. I was totally devastated. Needless to say the elation I felt when the good news came through on the Wednesday was indiscribable.
I do ...
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