yes, bearings are knackered. Can get a repair kit and do it yourself. Only tools you need are a hammer and two screwdrivers. 2 screwdrivers to prise the old bearings out and hammer to bang the new ones in. All available on ebay or any high street washing machine place.
howtomendit.com for free repair help, information and advice.
Try fixfault.com to fix washing machines.