They won’t know exactly what fixed-rate variable plan they will get in October, but with a potential interest rate cut on the horizon it could work in their favour. “If it’s similar to, or a bit more than, what we’re doing now, then that’s fine. If it’s a bit less than happy days,” said Sam. “If it pans out to what they said it will be, we’ll be saving about £300 pounds a month.” One caveat, they note, is that only a few mortgage providers currently accept the Save to Buy Scheme.