Time for an Offset Mortgage? To Do with Your Mortgage Now Inflation Is Falling Again

Summary


Many homebuyers have never heard of it and few ever think about getting one, but the offset mortgage is fast emerging as the best option for shrewd homebuyers.

Two or three months ago, at the start of a new year, the assumption was that growing numbers of homebuyers would switch into a fixed rate mortgage, because a rise in rates looked inevitable by mid-2011.

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Extract


Time for an Offset Mortgage? To Do with Your Mortgage Now Inflation Is Falling Again

Now, the latest monthly figures raise the thought that inflation levels are falling back again -and with the era of rockbottom rates possibly set to continue, offset mortgages have jumped to the fore.

Look at this glowing tribute in the May/June issue of Your Mortgage and Remortgage magazine: "Offsets are a very modern mortgage for forwardthinking borro...

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