New research from Scottish Widows reveals that Brits who worry about their finances spend an incredible 11 hours a week doing so – but with an offset loan all those worries could disappear.

People are fretting for more than a working day each week – or 24 whole days a year. They are worrying about being able to pay their mortgage, worrying that they are not saving enough for their old age, worrying about getting on top of their debts and worrying if they have the right financial products.

And on average, it is young people who worry the most about their financial futures – those aged 18 to 34 spend the most time worrying for 13 hours per week. Iain McGowan, savings expert for Scottish Widows continues: “It’s incredible that Brits spend so much of their time worrying about their finances.”

That’s where a professional mortgage broker comes in. They can help you alleviate all your worries by showing you all your options and laying out short and long term plans for success. One of those options might be an offset loan – it can help make your mortgage rates smaller, it can help you save for the long term, it can help you pay down your debts and it can link all your savings products together in an efficient way.

SOURCE: Scottish Widows, 16/03/10

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