One Unknown: A Powerful Account of Survival and One Woman's Inspirational Journey to a New Life - Gill Hicks

The One Account

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 not work for you. The account works by purchasing your house on your switch card, i.e. you have a massive overdraft; as simple as that. You then pay in your wages and any other sums of money you can get hold of into your account, and hey presto, you simply pay off the debt. Why does this product work for me? Well my scenario is that my I own over half of my property, so I benefit from the lowest rates of interest that they offer. If you are not in this situation then the account is not really for you as better deals can be found. Now for the interesting bit?..can you save money?.or do ...

gazereth 31.05.2008 (28.10.2009) · Read full review
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Review of The One Account

Is this The One for you?

Advantages: significant potential savings, mortgage repaid quicker, superb service
Disadvantages: need to be very disciplined money wise

. The One Account borrowing is secured via a charge over your property and is repayable in full at an agreed future date before your retirement (if you have not already repaid it by then!!). ***Other Points*** You can obtain quotes for home insurance/life cover although I have never done this. Similarly, they offer a Plus One scheme whereby they have negotiated exclusive offers with companies like RAC & Virgin, including discounts on mobile phones, wine, holidays and music etc but again I have not taken advantage of this. The mortgage is portable should you move home and they have a team of experienced staff available to talk you through the process. ***How To Apply*** The One Account is available to first time buyers, re-mortgages or if you are moving home. All applications are on line via the above link. This was very easy ...

TheWizardsSleeve 13.12.2007 (09.01.2009) · Read full review
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Review of The One Account

The One Account works for you and saves you money

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 income and had a very small savings pot (no more than £1000). I wanted a flexible rate Mortgage that I could easily manage and overpay without being penalised. I also considered the future; I wanted to start a family and knew that I would get the minimum in maternity play so I needed a facility where I could get back the overpayments on the Mortgage immediately if I needed to. I looked at several options (IF etc) and decided to apply for the One Account as it seemed to give the greatest flexibility in terms of managing the account. The application process I completed ...

Clarmore333 28.05.2009 · Read full review
Ciao members have rated this review on average: very helpful
Review of The One Account