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Mortgage Oneaccount

wilky80

wilky80

0
Joined
Jun 16, 2005
Messages
815
I was just wondering has anyone got or know of anyone who is with oneaccount for their mortgage?
It looks good on paper and was wondering where the catch is!
 
wilky80 said:
I was just wondering has anyone got or know of anyone who is with oneaccount for their mortgage?
It looks good on paper and was wondering where the catch is!
Click to expand...
There is no catch. They are not the only bank to offer this type of account though.
 
wilky80 said:
I was just wondering has anyone got or know of anyone who is with oneaccount for their mortgage?
It looks good on paper and was wondering where the catch is!
Click to expand...

There is no catch as such. But they know it will be difficult for you to move from them even if the interest rate starts to get uncompetitive. I've got a similar type of offset account with First Direct.
 
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