• Bloke on the radio said that the standard variable rate is the cheapest at the moment..... Crazy

  • I guess the plus is that if your supplier does go bust you end up on the SVR at the new supplier.

    So if you're not fussed about green stuff/customer service you could just sit there and hope you're in debit when your supplier goes under!

  • SVR is definitely the cheapest. Even then there’s no margin (based on wholesale prices), may be different if hedged. Reckon we’ll see a very rapid shrinking of the market leaving the big players only before Christmas if things stay as they are. As someone loosely working in the industry the pros at the moment of your supplier going under means you’ve got the best rate around with whoever you go with (but they won’t be happy to have you)!

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