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Politicians have been arguing this week over the future of the economy – which further proves the need for borrowers to use their money wisely.

Shadow chancellor George Osborne has warned Gordon Brown’s willingness to borrow his way out of trouble could lead to the collapse of sterling, which would be bad news for investors and savers.

Pound Sterling has fallen over November as the UK becomes ever closer to a recession. So it’s time for the saving hoarder mentality to kick in across homes in Britain.

If Sterling drops further, savings and investments might not be the best way of making the most of your money. An offset mortgage however will not be affected as much by a weak pound.

Things are tough and they are going to stay tough, but those who have an offset mortgage will be the best placed – their mortgage payments will go down, their mortgage will get smaller and they will be able to save more money – however much it is worth across the world.

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

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Mortgage rates have been leaping all across the board recently - offset, sub prime, self cert and even safe prime mortgages are a lot more expensive than they once were. So to combat this, you must reduce mortgage interest somehow, and the best way to do that is to offset savings against your mortgage. But is it as critical as the newspapers say? The media love a horror story, but what truth is there behind the rate crisis in the UK mortgage market? Will you be able to find a cheap mortgage anywhere? Do you need to reduce mortgage interest now?

Learn more on How to Reduce Mortgage Interest

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When it comes to offsetting money against your mortgage, timing is everything. The best way to save money, and the best way to make money is to plan and plan again. It has to be a constant thought, how will this spending, or this saving affect my offset mortgage? Is it better to save now and spend later? If you always bear that in mind and follow some simple pointers, there is no reason why you cannot fully maximise your earnings and your savings. So if you have an offset account, learn how to make the most of offsetting your money.

Read more on the Essentials of Offsetting

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Every newspaper story and TV report tells us that no one is doing well with their mortgage, people are on the breadline, thousands are being thrown out of their homes after missing impossibly high mortgage payments. Well its not the case for everyone. There are some people who own a mortgage who are actually making mortgage savings, not mortgage losses. Because they are using their money to offset their mortgage repayments, the more they save, the lower their rate. So ignore the doom and gloom and begin to dream of mortgage savings, choose an offset as your next home finance.

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Mortgage interest rates are on the up, there is no doubt about that. Thanks to tightening credit limits mortgage lenders have had to resort to putting up rates by several percentage points. Which in real terms means a big hike in your monthly mortgage bill and with rising energy, food and fuel costs, mortgage hikes are the last things any homeowner wants. But what about the interest rates on flexible mortgages? Aren’t they any different, because these are flexible deals, shouldnt they be immune to mortgage rate changes? Or are they different, will interest rates on flexible mortgages be hit harder than other deals?

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When you begin shopping for the right mortgage, you are bombarded with jargon and phrases that do not seem to mean anything. One word that comes up again and again is flexible. Every lender will promise flexibility and many will offer flexible repayment mortgages – but what do they mean? Obviously it sounds like a great mortgage, one that will work with different circumstances, but is it just a throwaway phrase or do they mean it? It’s hard to believe some of these mortgage lenders sometimes, and the word flexible is so general, so clichéd that it is hard to believe any mortgage can really be flexible. So what do you really get from flexible repayment mortgages?

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Offset mortgages come in several forms, but the one where you can make your money work hardest is definitely a multiple accounts offset mortgage. But how does it work? It sounds complicated, using several bank accounts with your mortgage and the last thing you need is a complicated mortgage that takes a lot of work to manage. Well a multiple accounts offset mortgage isn’t complicated or time-consuming, in fact, you do not have to do anything except make sure to save as much as you can. Because with a multiple accounts offset mortgage, the more you save the more you earn.

Learn more about the Multiple Accounts Offset Mortgage