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Advantages: significant potential savings, mortgage repaid quicker, superb service Disadvantages: need to be very disciplined money wise
...This is an update on my original review in December 2007, reviewed twelve months after commencing the facility. I have updated this given the unprecedented changes in the financial markets recently as well as changes in my personal circumstances, both of ...
TheWizardsSleeve 13.12.2007 ·Read full review
Ciao members have rated this review on average: very helpful
Review of The One Account
Advantages: Excellent customer service, easy to use and saves you money Disadvantages: Easy to over spend if you are not careful
Why I chose the One Account
I started to look at changing my Mortgage a couple of years ago as I was stuck on a fixed interest rate of 6% and felt I could do a lot better. I had recently bought the house so did not have a huge amount of disposable ...
Clarmore333 28.05.2009 ·Read full review
Ciao members have rated this review on average: very helpful
Review of The One Account
Advantages: All your money in one place Disadvantages: Could be easy to overspend
The One Account is an 'offset mortgage' account - basically it combines a standard (current) bank account with a mortgage. This means that, instead of paying interest on your mortgage at a high rate, and receiving interest on your current account and savi ...
sgjenning 03.10.2006 ·Read full review
Ciao members have rated this review on average: very helpful
Review of The One Account
Advantages: Save money - knock years off your mortgage (I really did!) Disadvantages: Not for you if your wages don't last a month
We took out a One Account over four years ago and already have 'paid off' our mortgage. Basically this account is like a giant overdraft where you combine all your debts into one account and counteract this by putting in all your incomings and savings. ...
Advantages: Paying off your mortgage quickly and saving you thousands of pounds Disadvantages: You need a lot of common sense and future vision to benefit from this account
...I HAVE WROTE AN UPDATE AT THE BOTTOM OF THIS PAGE. HOPE YOU ENJOY READING AND PLEASE FEEL FREE TO GET IN TOUCH IF YOU WISH. GARY. The One Account…...where to begin??? Well for a start you need to have a common sense mentality, or this product will simply ...