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Offset - Putting Savings to Better use from Family BS

04 October 2017

Family BS

Offset Mortgages are a popular choice for those who have to put aside money for specific purposes but don’t need to use it straightaway. Family BS have helped several people recently with these mortgages: 

Derek and Rita: Retired couple who owned their own home but their daughter faced the uncertainty of renting privately.

Result: Ensured their daughter had a home as well as themselves by remortgaging their home using an Offset Mortgage and using the funds to purchase another property to rent to their daughter. 

Tom and Pamela: Wanted to make home improvements as well as boost their home's value.

Result: Used the Offset Mortgage instead of their savings to make improvements such as a new kitchen, new downstairs flooring and a new ensuite to their spare room. 

Rod and Susan: Retired couple in their 70s who needed to move closer to the town centre but their current lender was unable to give them a mortgage because of their age.

Result: They used their common sense underwriting approach to provide an Offset Mortgage which not only provided a mortgage where others wouldn’t lend, but also enabled them to put their existing savings to better use! 

Similar customers? Then get in touch as they may be able to help.

Telephone: 01372 744155

Fax: 01372 745607

Email: mortgage.desk@familybsoc.co.uk


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