Also, the perceived complexity of offsets is not really there any more – this should be easily understandable for all and therefore an option worth exploring, particularly in a low-interest rate environment.
Christine Newell is mortgages technical director at Paradigm Mortgage Services
Article continues after advert
Key points
Now is a good time to take out an offset mortgage due to low interest rates.
Many building societies offer offset mortgages.
Self-employed people can also use the money set aside for their tax bill against their mortgage.
Page 3 of 3
