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One of the best things about offset is that with it you can become recession proof – using your earnings and your savings against your home to make you safer if anything were to go wrong.

You can use your offset amount, maybe in a current account or in a special offset account, to save enough money to cover several months’ mortgage payments if you found yourself unable to earn.

And being a great incentive to save, it will be less of a hassle to look at monthly outgoings and consider any cost savings which can be made and add these to your mortgage. It’s all financial insulation for if things take a turn for the worse.

You could try to make mortgage overpayments now to provide a cushion for the future. As long as you keep saving with offset, and keep paying the same amount each month, you will begin to overpay more and more.

Also, another way to become recession-proof with offset is to consolidate any debts into the offset account. Paying off credit cards and unsecured loans when you can will be a lifesaver if you become unemployed or lose some earnings.

Also, most importantly, talk to a mortgage adviser and ask them to help you make the most of existing financial arrangements, and to obtain help in understanding anything else you could do to become an offset recession-proof borrower.

To stay abreast of current trends, news and comment on offseting mortgages visit the Offset Mortgage Blog.