The Telegraph - How to use your mortgage to beat inflation
With Inflation is on the rise, threatening to eat into savings – there is a way for homeowners to mitigate its eroding effects. The Telegraph reports offset mortgages allow borrowers to link their savings accounts to their home loan and only pay interest on the difference.
Aaron Strutt, of Trinity Financial, told The Telegraph: "At a time when so many homeowners are earning virtually nothing on their savings, their cash could be working harder with a decent offset mortgage. They're particularly useful for the self-employed while there is so much economic uncertainty."