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Off-Set Mortgages
Christmas_Scrooge
Posts: 35 Forumite
Hi.Sorry if I sound thick, but can someone explain how you off-set your mortgage against savings and I am right in thinking if you had for example £10,000 in savings and a £50000 mortgage you pay interest on 40000 only??
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Comments
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You can find some information here:
Sticky: Offset Mortgages -- the Numbers
Making offsets work in your favour
Search the site for more information: Search (Guide)0
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