A bond will appeal to anyone who is looking for a straightforward, lump sum investment. Our Freestyle Bond is for a fixed term of one year with a variable rate of interest.

A Freestyle Bond may be held by an individual, in joint or multiple names, or in trust for personal beneficiaries of any age.

The account is designed for funds that can be tied up for a period of one year.

For this reason, if you expect to make any withdrawals we suggest that you choose one of our other accounts.

Our staff will be pleased to help you reach a decision on the most suitable account for your needs.

You may have more than one Bond at any one time.

The minimum investment is £2,000 and you may hold, either by yourself or jointly with others, up to £50,000 in Freestyle Bonds. No additional deposits can be made after the Bond has been opened, so it makes sense to maximise your investment at the start.

A Bond Certificate will be issued, which will give you a record of your investment and this must be presented on maturity or if a transaction is carried out. We will write to you shortly before your Freestyle Bond matures, offering you a number of reinvestment options.

If you open your Bond with a cheque it will take seven working days to clear, although you will earn interest from the day after receipt.

Cheques should be made payable to the account holder or "Harpenden Building Society re account holder's name or account number".

Although this is a one year Bond, we do recognise that due to unforeseen circumstances you may require access to your funds before your Bond matures.

Withdrawals from your Freestyle Bond are possible so long as a minimum of £2,000 remains after the withdrawal. All withdrawals and closure are subject to 90 days' loss of interest.

Just present your Bond Certificate at your local Branch and you can withdraw up to £250 in cash or a maximum of £10,000 by cheque per day. To make a withdrawal by post, forward your Bond Certificate together with either a completed Withdrawal form or a covering letter detailing your requirements.

Please ensure that you provide sufficient identification to enable your account to be opened.