RBS business account linked to Offset Flex personal mortgage?

[SimonMac]

Its not like the first sentence of what you posted kinda gives it away

Your business
You need to be in business as a sole trader or simple partnership.

And you wonder why you have lost your crown

[northernladuk]

Its not like the first sentence of what you posted kinda gives it away



And you wonder why you have lost your crown

KUATB

I got my crowning for talking rubbish about things I know nothing about. This seems to still fit in

[kaiser78]

Wasn't aware RBS have any offset offers at the moment ?

Barclays seem best for offset mortgages (IMO) as you can also include your cash ISA accounts for offsetting as well as the standard savings pot.

[northernladuk]

Wasn't aware RBS have any offset offers at the moment ?

Barclays seem best for offset mortgages (IMO) as you can also include your cash ISA accounts for offsetting as well as the standard savings pot.

Yep, they are offering 4%, 499 arrangement fee with no early redemption penalty. That is to an existing account holder though.

[psychocandy]

Be interested to see how this goes.....

But I do wonder what HMRC would think of it all. Regardless of whether money is moving from A to B, personally, you are still getting a benefit out of the deal surely?

[DigitalUser]

Be interested to see how this goes.....

But I do wonder what HMRC would think of it all. Regardless of whether money is moving from A to B, personally, you are still getting a benefit out of the deal surely?

What would it have to do with HMRC though? It is a commercial arrangement which does not provide any tax advantage. The fact that an advantage is provided against a financial product has nothing to do with them. If RBS do indeed offer this arrangement, that is their choice.

[platforminc]

NLUK

You are clearly not doing your job properly, have you used the search button on this forum ???

[northernladuk]

NLUK

You are clearly not doing your job properly, have you used the search button on this forum ???

17 posts in is a little late for this amusing anecdote.