The Offset Mortgage Centre Adds New Guide for Offset Accounts UK Borrowers
March 31, 2008 (PRLEAP.COM) Business NewsThe Offset Mortgage Centre, experts in offset and flexible mortgages, are proud to announce they have recently added a new guide for offset accounts UK borrowers. The article looks at different scenarios about offsetting, and the full article can be viewed at http://www.offsetmortgagecentre.co.uk/offset-accounts-uk.html
To help borrowers decided if offset accounts are suitable, various scenarios are provided. The first scenario looks at the percentage of savings that offset accounts UK mortgage holders need, in order to benefit from offsetting. If people are unable to save, the article provides information on what borrowers should do, and why professional mortgage advisers should be consulted.
The second scenario looks at the level of credit card debt a borrower may have, and if the debt should be consolidated. Then the article looks at the implications consolidation has for offset accounts UK mortgage holders. The last scenario highlights the importance of finance management because of how much offset accounts UK lenders expect in the way of repayments. This leads onto the type of offsets available for regular savers, and the possibility of having an offset account for borrowers with adverse credit.
The last part of the article discusses, that for offset accounts, UK borrowers should consult an impartial mortgage advisor.
About The Offset Mortgage Centre
The Offset Mortgage Centre is part of The Mortgage Broker Ltd group of websites. The aim of The Offset Mortgage Centre website is to educate the layman in the concept, features, benefits and negative aspects of offset and flexible mortgages. Information is provided in the form of articles, spilt into two main categories of offset mortgages and flexible mortgages. For more information about offset accounts UK, visit http://www.offsetmortgagecentre.co.uk/offset-accounts-uk.html