We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Am I better off going on a fix

Hi
I'm unsure if I should continue to stay on a fixed rate.
This is what I have been offered.
Any advice would be greatly appreciated.
Wasn't sure to go on the standard variable tariff instead.
Many thanks 

Comments

  • MattMattMattUK
    MattMattMattUK Posts: 9,846 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Hi
    I'm unsure if I should continue to stay on a fixed rate.
    This is what I have been offered.
    Any advice would be greatly appreciated.
    Wasn't sure to go on the standard variable tariff instead.
    Many thanks 

    My guess, would be that you are going to be roughly in line with the October price cap, perhaps slightly lower, then slightly higher than the April price cap, so probably little difference overall.
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts First Anniversary Name Dropper
    Plus add to that 2 months paying the higher fix instead of April 2022 SVT.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    If this was all I was being offered I would take a gamble and not fix on this deal and stay on the SVT.

    But it's your choice.

  • Thankyou I'm going to change to the svt as I'm still in the 14 day cooling off period.
    Thankyou
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.