Anyone hear anything on this?
Have our accounts with them for 12 years now and an offset mortgage since 2005.
I am self employed so all my money goes in to my account and I pay my VAT and Returns out of that, so by the 3rd quarter I have a good chunk of money to offset.
Also we moved our money out of a savings account and into my wifes.
So currently we have 37% of the value of the mortgage in our accounts and back in October that was at 46%.
It will be a massive loss for us in this regard.
Have heard nothing at all from them.
Have Offset Mortgage with Danske , which have made big savings on and the offset arrangement was the major selling point that they pushed when I took out the mortgage. Have not heard anything from them yet but in the mortgage documentation/agreement that they sent me when I took out the mortgage it states ' we will ensure when removing an account from the offset portfolio... that the account is not the last mortgage account or linked account causing an unwanted termination of the offset portfolio.'...So cannot see how they could not continue to ensure that the offset arrangement is continued.