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.

Discuss this blog

Have your say

This is an open discussion but the comments do not represent the views of MSE. We want everyone to enjoy using our site but spam, bullying and offensive comments will not be tolerated. Posts may be deleted and repeat offenders blocked at our discretion. Please contact fbteam@moneysavingexpert.com if you wish to report any comments.

Previous It’s very scary to do a TV film and not see it before the audience. Not good.

Next Retort of the day

How this site works

We think it's important you understand the strengths and limitations of the site. We're a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can't guarantee to be perfect, so do note you use the information at your own risk and we can't accept liability if things go wrong.

This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service.
We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late (see the Section 75 guide for protection tips).

Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first.
We often link to other websites, but we can't be responsible for their content.
Always remember anyone can post on the MSE forums, so it can be very different from our opinion.

MoneySavingExpert.com is part of the Moneysupermarket Group, but is entirely editorially independent. Its stance of putting consumers first is protected and enshrined in the legally binding MSE Editorial Code.

Please read the Full Terms & Conditions, Privacy Policy, Cookie Policy, How this site is financed and MSE's Editorial Code.

Martin's Blog

The Australian mortgages that let you spend your house

Have your say

Related Articles

Recent Blogs

Martin's Twitter Feed

Blog Topics

Archives

How this site works

More tools from

Cheap Energy Club

Credit Card & Loans Eligibility Calculator

Income Tax Calculator

Ultimate Mortgage Calculator

Cheap Mobile Finder

Credit Club

Compare Travel Money

Compare Broadband Deals