Is offsetting your savings against your mortgage the way forward? - 30.10.2008

Author: Michael Aglony Posted on: 30 October 2008

Do you have a lump sum of money in savings? In the current climate are you worrying about where the best place to keep it is?

Have you thought about using your savings to offset your mortgage balance, not only can you save thousands of pounds in interest, it can also help repay your mortgage early and your hard earned savings won’t suffer.

I would advise you to read all the terms and conditions carefully, alternatively do give us a call and we will be more than happy to advise you accordingly.