Thursday, December 19, 2024

An Offset Mortgage Allows your Savings to Work for you

August 18, 2010 by  
Filed under About Mortgages

An offset mortgage allows your savings to work much harder for you than if they were just sitting in an ordinary savings account. An offset mortgage means borrowers only pay interest on their net loan amount – minus any savings they have in the same or linked account. Monthly mortgage repayments are calculated on the […]

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