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Interest rates just getting worse!

SPE57 · 2019-10-07 15:21:50

We have a fixed rate bond @ 2% that finishes next month. Looking round for where to put the money next, interest rates are lower than a year ago - assume its the Brexit uncertainty! I don't want to tie the money up for more than year in the hope there maybe something better in 12 months time. We are quite cautious in where…

Comments

snowqueen555 Posts: 1,562 Forumite

8 October 2019 at 10:34PM

My one year fixed rate 2% ends also, I have just rolled it into the same place, but it is now 1.75%. I was

I was considering 2 years at 1.80% but decided on the 1 year. I think they can offer low rates for 2 years because there is a high chance rates will go lower next year.

The other bulk of my money is in my LISA, and that only offers 1%

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