It’s all well and good a mortgage adviser telling you to switch to an offset mortgage but until you release how much you can actually save by just moving around your money you may not be entirely convinced.
Offset mortgages work by taking a lump sum and offsetting it against your mortgage debt – £10,000 offset [...]

The old adage that ‘if you look after the pennies the pounds will take care of themselves’ may not be true in the 21st century but the message is worth bearing in mind as Brits look for other ways to make their money work for them.
With instant access savings accounts now paying an average of [...]

If you do not feel like you control your own finances and feel like they are in control of you then you need to invest in a mortgage where you are the boss and you call the shots, every month.
It’s a common dilemma to be in – more than half of Britons aged 35 and [...]

A fifth of Brits could do with taking out an offset mortgage to encourage them to save because right now they are saving nothing at all.
Nationwide has found that in January 2010, the number of regular and occasional savers increased to 79% – the highest since September 2008. But one fifth of people still not [...]

Thanks to the Bank of England deciding to keep interest rates at 0.5% for the 11th month in a row, 76% of investors have had enough of dismal savings rates and say they are not interested in investing in cash.
Fair Investment has found more than three quarters of investors would prefer to put their money [...]

In a recent speech, Conservative shadow chancellor George Osborne said: “Our new economic model will be built on long term saving and investment” – make sure your personal economic model is too with an offset mortgage.
For years now people have used their homes like cash machines – a few years of frivolous spending followed by [...]

Offset mortgages will benefit from a renewed interest in saving as the amount hoarded by UK savers more than doubled over the last 12 months.
 
New research from Birmingham Midshires has revealed Brits increased their savings pots and reduced their raiding in 2009 – and now, on a quarterly basis, they are saving 136% more than [...]

New research has found that women will be more savvy savers this year as they spend less and check bank balances more – this new attitude could make for some great offset savers in 2010.
The Co-operative Bank has found that three quarters of women will not be splashing out on impulse buys this year – [...]

Greedy bankers have become the nation’s number one enemy over the last year and if the headlines are anything to go by, their voracious appetite for profit is unrelenting – so hide your money away in an offset and make sure you reap the profits, not them.
Most people invest their savings in a bank – [...]

Can you imagine a world without credit card debt? It might be a far-off dream but it can be a reality by using an offset current account loan.
We all have credit cards and we all wish we didn’t – they can be the bane of our lives. As soon as you think you have saved [...]