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  • spezial
    spezial Posts: 348 Forumite
    so by offset mortgage:

    will I have to pay interest only for the rest amount? at what rate? and my savings will be accessible immediately? and as I save, I will pay less and less interest rate?

    could I have my savings invested to gain more?
    ViolaLass wrote: »
    I think what with this and your other thread you're overcomplicating this.

    I don't understand, why am I overcomplicating?
  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    spezial wrote: »
    thanks but what that means?


    it means you need the help of a mortgage broker.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    spezial wrote: »

    I don't understand, why am I overcomplicating?

    I don't know, why are you?


    You could find lots of the information you want by Googling and taking some time to read.
  • spezial
    spezial Posts: 348 Forumite
    amnblog wrote: »
    it means you need the help of a mortgage broker.

    I have you
  • Elfbert
    Elfbert Posts: 578 Forumite
    Ninth Anniversary 500 Posts Combo Breaker
    Ah, you'll be posting every detail of your financial affairs on here, for the mortgage brokers here to offer you all their services for free? Excellent....
    Mortgage - £[STRIKE]68,000 may 2014[/STRIKE] 45,680.
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