An offset flexible mortgage is the ultimate flexible mortgage and offers a good way of managing your finances. An offset flexible mortgage pulls all of your accounts into one so you effectively run your current, savings, mortgage or any other account from a single point which then and adds up your assets to offset them against your debts. Benefits of an offset flexible mortgage include:
Tax free savings
Ability to see your all your money in one account
The offset calculates your total debts and charges you interest on that only rather than your savings, mortgage and current account
While offset flexible mortgages can be confusing at first glance, they can be a good way of making your money work for you. Use our mortgage enquiry form to compare quotes from across the market to see who could offer you the best offset flexible mortgage.