I am 67 and may shortly be facing redundancy. I am looking at the feasibility of retiring and hopefully taking a part pension. 2 weeks before I learned of the potential redundancy, I took out a loan which is secured against our primary residence. There is a loan account (portion A) and an account which I believe to be an offset account (portion O). The funds from portion A have been deposited into portion O so that I can redraw when needed. Repayments for the loan are also made from Portion O. What would be the status of this arrangement for the assets test? Can anyone help with this?