Finance..banks anyone know anything?
Basically I have a mortgage with Santander that has a savings account attached to it. Anything in the savings account is effectivly paid off your mortgage so you don't pay any interest on it but you can borrow it back as mortgage rates. All very good BUT I'm worried that if Santander (who apparently Greece owe allot of money to) take a wobble will I loose my savings OR will it be guarenteed by our government unless it's over a certain amount?
Anyone in the know?