The Australian mortgages that let you spend your house

11 September 2006

After the One show in Birmingham this evening I went for a drink with the team. I was chatting away to Nadia Swahala co-presenter of the show and my buddy after we bonded sharing a couple of raucous train trips back from Birmingham to London. I just thought MoneySavers would love her description of her mortgage – she laughed as she was saying it, it took me a second to work out what “the Australian ones that let you spend your house” meant….. normally flexible mortgages are “the ones that let you overpay, to clear the debt more quickly”, Nuff said.

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