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.

GEUK fixed rates - what will happen from April (or whenever it is that the EPG ends)?

I know there are other people here who signed up for GEUK's fix until September 30th 2023.
What do you think will happen when the EPG finishes? Will we go back to the fix rates that we signed up for? Are those rates still there as a "maximum" in the background until the term of the fix ends?

Comments

  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 18 October 2022 at 12:39PM
    I am presuming that we will be on the fixed rates that we signed up for pre-EPG until the end of the tariff's term.
  • EssexHebridean
    EssexHebridean Posts: 23,554 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    My understanding was that I was still on the fix when I was still supplied by them, it's just that its rates were discounted by the EPG. So yes, I'd say that you'll simply go back to the rates you originally signed up to until the original end-date. 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
Meet your Ambassadors

Categories

  • All Categories
  • 347.8K Banking & Borrowing
  • 251.9K Reduce Debt & Boost Income
  • 452.2K Spending & Discounts
  • 240.1K Work, Benefits & Business
  • 616.3K Mortgages, Homes & Bills
  • 175.4K Life & Family
  • 253.5K 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.