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The theory behind it all is sound as long as you manage your spending. As mentioned, other lenders also offer free redraw and most allow internet transfers which is more flexible than having to call or fax. Most lenders have a basic product that does the same thing whilst others offer fully...

So in essence what Scott is saying is that they don't offer a fully functional off-set account but just jazzing it up a little into a great sales pitch. As mentioned already, this can cause problems down the track (if changing from PPOR to IP) or immediately if it's for an IP now. What...

Another mortgage manager or an existing mortgage manager under a different name (I used to do work for 1 a few years back and they had 3 different names but all run by the same guy) :) Regards steve