Finance Articles

Offset Mortgage Centre Explain Current Account Mortgages

(PRWEB) December 22, 2007 -- The Offset Mortgage Centre (http://www.offsetmortgagecentre.co.uk) is pleased to announce the recent publication of their guide 'How Savers Can Benefit From Current Account Mortgages'. The guide has been created to help home buyers decide whether a current account mortgage is right for their situation and can be see here: http://www.offsetmortgagecentre.co.uk/current-account-mortgages.html

In the words of Terry Ruddy - Online Marketing Director at The Offset Mortgage Centre, "Flexible mortgages have grown in popularity over the last few years and are expected to make up 50% of the UK mortgage market within the next 5 years. Current account mortgages have many flexible features and work best for those with savings. We've published this article to explain why."

The article explains the benefits of current account mortgages, such as debt consolidation and reduced interest payments, along with some of the dangers involved with consolidating debts over a standard mortgage term.

The piece then describes the requirements for current account mortgages so that borrowers and savers can gain a clear understanding of whether a current account mortgage suits their individual circumstances.

About The Offset Mortgage Centre

The Offset Mortgage Centre is a non profit website designed to provide a comprehensive resource for visitors interested in gaining more flexibility, saving money or reducing the term of their home finance.

The goal of the website is to educate the mortgage layman in the concept, features, benefits and negative aspects of a Flexible or Offset Mortgage.

For more information on the benefits of current account mortgages, please visit http://www.offsetmortgagecentre.co.uk/current-account-mortgages.html

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