Funk
pfm Member
Ah, OK yes I see what you mean. My quote was only valid for a few days and for immediate switch; I guess the fact they wouldn't defer the start date to the end of my current fix speaks volumes about their potential concerns re. volatility.I think you missed my point, Funk. I was given the 24 m fix, but it starts only when my current 12m fix ends. Surprised this option, which would be a win-win situation for you, wasn't either available or (as in my case) automatic.
Running out the existing fix and locking in the next would've been, as you say, a win-win for me but I think I've made the best choice with the options that were available today.