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Leeds Building Society Intermediary Services

This webpage is for use by authorised intermediaries, Trustee Companies and SIPP Scheme Administrators only. If you are a customer please click here to visit our customer website »

SIPP Deposit Accounts Rates and Features

Our range of SIPP Deposit Accounts are designed for individuals looking for a good return on cash held in a SIPP, and are available to open by Trustee Companies or SIPP Scheme Administrators only. If you are a customer please contact your Independent Financial Adviser (IFA)for further details.

Please note: Leeds Building Society will only accept deposits and documentation from a HMRC approved SIPP Scheme Administrator.

SIPP Guide

Need further assistance? View our How to Apply Page »

Rates correct as at 11 April 2011

There are fixed and variable rate options available for SIPP Deposit Accounts.

Unlimited Access SIPP Deposit
Investment Gross Rate§ p.a./AER† (Variable) Withdrawal Terms Payment of Interest
£100+
1.80%
Unlimited withdrawals can be made without notice or loss of interest, subject to the minimum balance of £100 being maintained. Payments to or from your Client Account can only be made to or from your Client's Designated SIPP Bank Account by way of cheque or Automated Payment. Interest is paid to the account annually on 31 October (commencing 31 October 2012).
Minimum investment and operating balance £100. Maximum investment and operating balance £1,000,000.
1 Year Fixed Rate SIPP Deposit (Issue 2)
Investment Gross Rate§ p.a./AER†
(Fixed)
Withdrawal Terms Payment of Interest
£100+
2.40%
Access is limited to withdrawals of up to 25% of your capital investment without notice or loss of interest, prior to maturity (30 April 2013) subject to the minimum balance of £100 being maintained. Closure of the account or further withdrawals are not permitted until the day after maturity. Payments to or from your Client Account can only be made to or from your Client's Designated SIPP Bank Account by way of cheque or Automated Payment. Interest is paid to the account on maturity (30 April 2013).
Minimum investment and operating balance £100. Maximum investment and operating balance £1,000,000.
2 Year Fixed Rate SIPP Deposit (Issue 2)
Investment Gross Rate§ p.a./AER†
(Fixed)
Withdrawal Terms Payment of Interest
£100+
2.60%
Access is limited to withdrawals of up to 25% of your capital investment without notice or loss of interest, prior to maturity (30 April 2014) subject to the minimum balance of £100 being maintained. Closure of the account or further withdrawals are not permitted until the day after maturity. Payments to or from your Client Account can only be made to or from the Client's Designated SIPP Bank Account by way of cheque or Automated Payment. Interest is paid to the account annually on 30 April (commencing 30 April 2013) and on maturity (30 April 2014).
Minimum investment and operating balance £100. Maximum investment and operating balance £1,000,000.

Need more information?

You may contact our Customer Services Department on 08450 50 50 67 from 9am to 5pm Monday to Friday.

This website is for use by authorised intermediaries only. If you are not an authorised intermediary and would like further information about our products or services, please visit www.leedsbuildingsociety.co.uk. If you are an authorised intermediary and you reproduce any of the information on this website to be used with or to advise customers, then you must ensure that it complies with the Financial Services Authority's rules and guidance on financial promotions.

§ Gross means the rate of interest payable before the deduction of income tax at the rate specified by law. † AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Leeds Building Society is a member of the Building Societies’ Association. The Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000, compensation may be available if the Society cannot meet its liabilities in respect of this product, please see the SIPP Deposit Terms and Conditions for full details.

The Society is covered by the Financial Ombudsman Service. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training). The Society's main business is the provision of savings products, mortgages and general insurance. The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992. You can check this on the FSA register by visiting the FSA website at www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.

Other taxes or costs may exist that are not paid by Leeds Building Society.

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