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Offset Mortgage

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Any initial meeting is at our own cost, any future fees will be discussed during our initial consultation

An offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it.

For example, if you borrowed £200,000, but had £50,000 in savings, you would only be paying interest on £150,000.

Offset mortgages are generally more expensive than standard deals, but can reduce your monthly payments, whilst still giving you access to savings.

This article (Offset Mortgages) is intended to provide a general appreciation of the topic and it is not advice.

For more information please contact Daniel Cottam on 07746125102 or submit an enquiry  and I will be happy to assist you.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE