Offset mortgages allow your savings to reduce the amount of interest you pay by offsetting other accounts against your mortgage balance.  In this guide, we’ll talk through what an offset mortgage is and whether or not it is a good idea. What is an offset mortgage? An offset mortgage is a type of mortgage that

If you’re over the age of 50 and you’re having trouble finding a mortgage, a retirement interest-only mortgage may be the best option for you. This type of mortgage can offer a lifeline to older borrowers and can be a cheaper alternative to equity release.

It can be harder to obtain a mortgage if you have a criminal record as lenders are much more likely to view you as high risk applicants. However, this does not mean you can’t get a mortgage at all.