Offset Mortgage

A kind of mortgage which combines your debt and savings into one account, potentially saving you money in interest charges
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Offset mortgage

Offsetting is a way of managing your money using your current account, savings account and offset mortgage. You can 'offset' the credit balances you have in your current and savings accounts against your mortgage balance and pay interest (at the mortgage rate) on the difference only. This means that you could potentially reduce the total amount of ...
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