Have you considered an offset mortgage to save money on your home?
You could pay off your home in less time with an offset mortgage.
Offset mortgages are increasing in popularity, as more home-owners come to realise such deals are a potential way to pay down their loan and repay the money owed in less time than a standard mortgage.
While it is easy to think the best deal is the one with the lowest rate, this is often not the case. With varying terms, criteria, conditions and fees the best deal is actually the one which is best suited to your individual needs. You may find the best mortgage for your needs is an offset.
With an offset you can make your hard earned cash work even harder.
With an offset deal your savings can be used to save thousands over your mortgage term. While you may be thinking an offset is complicated and that only people with large savings benefit, this is not the case.
Its easy to mis-understand a product you do not understand, which is why we at Deal Direct are here to offer you impartial advice to help you work if an offset is right for your circumstances
Savings rates remain low but if you choose to offset your savings against your mortgage, you could make your spare cash work more effectively. Your savings are still accessible and can be withdrawn at any time.
If you would like to find out more about how an offset mortgage works, call an adviser Deal Direct.
We constantly update our information to bring you the best deals market-wide.
