Britons fail to understand the offset mortgage

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Britons fail to understand the offset mortgage

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11-24-2009, 10:25 PM

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Britons fail to understand the offset mortgage

The benefits of offset mortgages remain a mystery to many, as first direct reveals that 40% of homeowners questioned don’t understand how they work and a further 35% only have a rough idea.Concerned that borrowers are missing out, first direct is encouraging homeowners to get to grips with offsetting because in some cases the savings [...]

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