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Offset Accounts

Have your cake and eat it!

Market Harborough Building Society's Offset mortgage provides a refreshingly different way to manage your savings and mortgage accounts by offering a beneficial link between them.

 

It sounds complicated, but it's really very simple and easy to arrange.

  • No interest is earned on your savings, so there's no tax to deduct. 
  • Your savings balance is offset against your mortgage balance.
  • Your mortgage is credited every month with the amount that your savings would have earned in gross interest. This reduces your mortgage balance.
  • A smaller mortgage balance means that you are charged less interest on your mortgage as the months go by.

It's a WIN, WIN, WIN situation! Plus you can withdraw as much or all of your savingsat any time and without notice.



Could Offsetting work for you?

Call us on
01858 412582

Email us at
CustomersFirst@mhbs.co.uk









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Last updated 29 January 2010
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