Flexible Friends

Summary


If you have a lump sum hanging about, offset mortgages are more attractive than ever, says Lorna Bourke

FOR freelance workers who get paid in chunks, those fortunate enough to collect regular bonus payments either in the City or as a sales person, or for people who just like to have a lump sum of cash hanging about that can be used as and when they like, an offset flexible mortgage could be what you need.

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Extract


Flexible Friends

"There are more lenders offering offset and flexible mortgages than ever before," says Ray Boulger, of mortgage broker John Charcol.

"The big change is that interest rates have become more competitive compared to discounted offers. You can now get lifetime tracker offset loans linked to bank ...

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