From: "me@privacy.net" 
Newsgroups: uk.finance
Subject: Re: Offset Mortgage Question
Date: Wed, 30 May 2007 13:36:24 +0100

In message <1180278492.496854.50970@q66g2000hsg.googlegroups.com>, 
Ed_Zep  writes
>On May 27, 12:01 pm, John Boyle  wrote:
>> In message <1180260572.188142.218...@w5g2000hsg.googlegroups.com>,
>> Ed_Zep  writes
>> >Thanks. I guess my point to my clumsily phrased question is that I
>> >really think tha the lender should be illustrating this in each
>> >mortgage statement.
>> >I wonder how many do.
>> Your mortgage offer/T&Cs will explain that interest is calculated on a
>> daily basis.
>> But are you suggesting the actual calculation should be shown on a daily
>> basis?
>I would merely want the effect of the offset to be shown on the yearly
>statement.

I've seen Mortgage Trust flexible/offsets/current account 
mortgage/whatever you want to call thems, and they send out monthly 
statements on theirs plus you can apply for online access to monitor 
things on a more regular basis.

So if you wanted to you could take the data and chuck it into a spread 
sheet and do it that way.

-- 
Timothy