After the fixed deal!!!

romdes192000

Hi

I was wondering if anyone could answer a thought I have had?

If I fix until 2017 or another date before surly when I then have to go to the market place after the fixedperiod is up, prices will have increased and I would find myself in a very difficultposition as the jump then to the next load of rates would be too big and notaffordable? Would it be better to keepfixing or jumping to have steady increases in the payments?

Thanks

trigarlaly

I would keep an eye on deals as time goes on, and keep moving within the same supplier, as long as you don't have to pay charges to move to one of their other deals. Also keep an eye on your suppliers standard/ variable tariffs as, in my opinion these will be what all the future deals will be based around. Only my opinion though.

rogerblack

romdes192000 wrote: »

Would it be better to keepfixing or jumping to have steady increases in the payments?

BUDGET!

If you think you will save money over the period going for the long term fix - then do that.

If you're concerned about the shock of a price rise, make a big note in your calendar to check in 2015 what the prices are - and if you will need to cutback when the fix ends. At this time you could choose to put some of your savings away in the 2015-17 period to smooth out the transition a bit.