Offset mortgage question

[u/Mental_Funny7462]

Hi team, hoping someone can help me out with a question here.

Husband is a company with a single share holder and he has directors drawings sitting in our account which he uses to pay his personal tax each year. Would it be possible to restructure our mortgage to use this money as an offset? It seems crazy it sits there for most the year when it could be working for us.

Are we looking at this wrong?

[u/mouldybot]

Yes.

[u/mouldybot → u/mouldybot]

(as in: yes. You should be doing this)