1yr fix question

meat_n2_reg

Hi 
Missed the boat funding my 6 month Shawbrook 6 month fix @ 2% as was waiting for another saver to mature 
Funds now sat in chase saver @ 1.5% , looking for a 1 year fix and Atom is paying 2.6% , just wondering if the recent interest rate rise has filtered into the 1 year fix market yet ?
Best to wait a week or 2 for the magical 3% 1 year fix ?? or never going to happen

Regards 

Bigwheels1111

I’m going to play the waiting game, August, September and February for me.
I might get a 6 month fixed hopping for 5 year 5% annual payout.
You never know 😳

JGB1955

I have a fix with Charter Bank @ 0.59% maturing next week.  I've decided to keep £20K with them, at a one year fixed rate of 2.34%, then will drip feed money into FRSA every month for the next year.

refluxer

That 1 year Atom fix @ 2.6% came out a couple of days before the rate rise was announced last week and there hasn't been much movement from other providers since that meeting so far. There are quite a few (normally-competitive) providers like Shawbrook, Paragon and Tandem still down in the 2 - 2.3% region so I'd expect increases from them soon.

The best 1 year Fixed Rate account has increased by around 0.5% in the last 2 months so a 1 year fix @ 3% is possible in the next few months if that trend continues, IMO.