Offset Mortgages

Offset Mortgages

Offset Mortgages - Offset mortgages allow the borrower to reduce their interest rate payments by offsetting a credit balance against the mortgage debt.  Offset mortgages are usually available for a finite period, usually between two and ten years. However, some lenders may offer one year offset mortgages, and others may offer up to twenty five year offset mortgages. Offset mortgages allow for some flexibility and may be suitable for borrowers with savings. 

At Capital Fortune, our experts are in contact with a range of lenders who offer offset mortgages. Our market knowledge allows us to know which offset mortgages are most suited for our clients. We offer or clients a holistic view of the products available on the market, going through the range of offset mortgages, and looking beyond the headline rates into the fine print of the lenders’ offset mortgages. We can save our clients much of the hassle of applying for offset mortgages, and ensure that they can get the most cost effective deal, whilst increasing the likelihood of a successful application. 

Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back. 

The table below shows the current best offset mortgages available. 

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Residential - Purchase - Best Offset Rates


LenderInitial
Rate
Mortgage
Type
For/Until Subsequent
Rate
The overall
cost for
comparison is
Early Repayment
Charge
Arrangement
Fee
Loan
to
Value
Details
Beverley BS 2 Year Discount £1895 Fee BBV1.28%Discount2 years 4.75%4.2%APRC2 years £189565%
Product Code: S83
Product Name: 2 Year Discount £1895 Fee
Lender Code: BBV
Lender Name: Beverley BS
Initial Pay Rate: 1.28
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.75
Apr Lenders: 4.2
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 475.00
Monthly Payment After Initial Period: 676.79
Fees Total: 2365.00
True Cost: 0.00
True Cost Over Initial Period: 11870.00
Cashback: 0.00
Valuation Fee: 245.00
Arrangement Fee: 1895.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 175.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 117.50
Detail
Scottish Widows Bank Professional 2 Year Fixed £1499 Fee Purchase BAA1.54%FixedFeb-20203.99%3.8%APRC29-Feb-2020 £149960%
Product Code: 345
Product Name: Professional 2 Year Fixed £1499 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: BAA
Lender Name: Scottish Widows Bank
Initial Pay Rate: 1.54
Mortgage Class: Fixed
Initial Rate Period: Feb-2020
Initial Rate Period Months: 26
Standard Variable Rate: 3.99
Apr Lenders: 3.8
Early Repayment Charge Applies Until: 29-Feb-2020
Early Repayment Charge Period Sort Field: 1441
Initial Monthly Payment: 488.31
Monthly Payment After Initial Period: 627.62
Fees Total: 1974.00
True Cost: 0.00
True Cost Over Initial Period: 13146.06
Cashback: 0.00
Valuation Fee: 255.00
Arrangement Fee: 1499.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 195.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 175.00
Lender Product Reference: P2417
Detail
Barclays Bank Offset 2 Year Tracker £1749 Fee Purchase BWO1.54%Tracker2 years 3.99%3.7%APRC2 years £174975%
Product Code: 346
Product Name: Offset 2 Year Tracker £1749 Fee Purchase
Lender Code: BWO
Lender Name: Barclays Bank
Initial Pay Rate: 1.54
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 3.99
Apr Lenders: 3.7
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 489.35
Monthly Payment After Initial Period: 629.98
Fees Total: 1864.00
True Cost: 0.00
True Cost Over Initial Period: 11824.40
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1749.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 2000000.00
Legal Fee: 126.00
Lender Product Reference: AV41
Detail
Beverley BS 2 Year Discount £995 Fee Purchase BBV1.58%Discount2 years 4.75%4.3%APRC2 years £99575%
Product Code: 1AO
Product Name: 2 Year Discount £995 Fee Purchase
Lender Code: BBV
Lender Name: Beverley BS
Initial Pay Rate: 1.58
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.75
Apr Lenders: 4.3
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 488.46
Monthly Payment After Initial Period: 673.58
Fees Total: 1465.00
True Cost: 0.00
True Cost Over Initial Period: 12193.04
Cashback: 0.00
Valuation Fee: 245.00
Arrangement Fee: 995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 175.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 117.50
Detail
Scottish Widows Bank Professional 2 Year Fixed £999 Fee Purchase BAA1.64%FixedFeb-20203.99%3.7%APRC29-Feb-2020 £99960%
Product Code: 477
Product Name: Professional 2 Year Fixed £999 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: BAA
Lender Name: Scottish Widows Bank
Initial Pay Rate: 1.64
Mortgage Class: Fixed
Initial Rate Period: Feb-2020
Initial Rate Period Months: 26
Standard Variable Rate: 3.99
Apr Lenders: 3.7
Early Repayment Charge Applies Until: 29-Feb-2020
Early Repayment Charge Period Sort Field: 1441
Initial Monthly Payment: 492.02
Monthly Payment After Initial Period: 625.63
Fees Total: 1474.00
True Cost: 0.00
True Cost Over Initial Period: 13242.52
Cashback: 0.00
Valuation Fee: 255.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 195.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 175.00
Lender Product Reference: P2413
Detail
Scottish Widows Bank Flexible 2 Year Fixed £1499 Fee Purchase BAA1.64%FixedFeb-20203.99%3.8%APRC29-Feb-2020 £149960%
Product Code: F32
Product Name: Flexible 2 Year Fixed £1499 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: BAA
Lender Name: Scottish Widows Bank
Initial Pay Rate: 1.64
Mortgage Class: Fixed
Initial Rate Period: Feb-2020
Initial Rate Period Months: 26
Standard Variable Rate: 3.99
Apr Lenders: 3.8
Early Repayment Charge Applies Until: 29-Feb-2020
Early Repayment Charge Period Sort Field: 1441
Initial Monthly Payment: 494.05
Monthly Payment After Initial Period: 628.21
Fees Total: 1974.00
True Cost: 0.00
True Cost Over Initial Period: 13295.30
Cashback: 0.00
Valuation Fee: 255.00
Arrangement Fee: 1499.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 195.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 175.00
Lender Product Reference: F2607
Detail
Coventry BS Offset 2 Year Fixed £999 Fee BCV1.65%FixedDec-20194.74%4.3%APRC31-Dec-2019 £99965%
Product Code: 6PO
Product Name: Offset 2 Year Fixed £999 Fee
Lender Code: BCV
Lender Name: Coventry BS
Initial Pay Rate: 1.65
Mortgage Class: Fixed
Initial Rate Period: Dec-2019
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4.3
Early Repayment Charge Applies Until: 31-Dec-2019
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 492.49
Monthly Payment After Initial Period: 659.23
Fees Total: 1132.00
True Cost: 0.00
True Cost Over Initial Period: 11952.76
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 8
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 125.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 117.43
Lender Product Reference: OFN46
Detail
Accord Intermediary Offset 2 Year Fixed £995 Fee ACC1.68%FixedMar-20204.99%4.5%APRC31-Mar-2020 £99575%
Product Code: FCG
Product Name: Intermediary Offset 2 Year Fixed £995 Fee
Product Availability: Intermediaries Only
Lender Code: ACC
Lender Name: Accord
Initial Pay Rate: 1.68
Mortgage Class: Fixed
Initial Rate Period: Mar-2020
Initial Rate Period Months: 27
Standard Variable Rate: 4.99
Apr Lenders: 4.5
Early Repayment Charge Applies Until: 31-Mar-2020
Early Repayment Charge Period Sort Field: 1442
Initial Monthly Payment: 494.20
Monthly Payment After Initial Period: 687.42
Fees Total: 1085.00
True Cost: 0.00
True Cost Over Initial Period: 13433.40
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 90.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 3000000.00
Legal Fee: 117.00
Lender Product Reference: 46627
Detail
Scottish Widows Bank Flexible 2 Year Fixed £999 Fee Purchase BAA1.74%FixedFeb-20203.99%3.8%APRC29-Feb-2020 £99960%
Product Code: 341
Product Name: Flexible 2 Year Fixed £999 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: BAA
Lender Name: Scottish Widows Bank
Initial Pay Rate: 1.74
Mortgage Class: Fixed
Initial Rate Period: Feb-2020
Initial Rate Period Months: 26
Standard Variable Rate: 3.99
Apr Lenders: 3.8
Early Repayment Charge Applies Until: 29-Feb-2020
Early Repayment Charge Period Sort Field: 1441
Initial Monthly Payment: 497.78
Monthly Payment After Initial Period: 626.21
Fees Total: 1474.00
True Cost: 0.00
True Cost Over Initial Period: 13392.28
Cashback: 0.00
Valuation Fee: 255.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 195.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 175.00
Lender Product Reference: F2603
Detail
Barclays Bank Offset 2 Year Tracker £999 Fee Purchase BWO1.84%Tracker2 years 3.99%3.8%APRC2 years £99975%
Product Code: 002D0C
Product Name: Offset 2 Year Tracker £999 Fee Purchase
Lender Code: BWO
Lender Name: Barclays Bank
Initial Pay Rate: 1.84
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 3.99
Apr Lenders: 3.8
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1418
Initial Monthly Payment: 503.63
Monthly Payment After Initial Period: 627.72
Fees Total: 1114.00
True Cost: 0.00
True Cost Over Initial Period: 12167.12
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 2000000.00
Legal Fee: 126.00
Lender Product Reference: AV42
Detail

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search: Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000; Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: Yes Product Term Period From: 0 Months; Product Term Period To: 300 Months; . For a more accurate quotation please use our Quick Mortgage Quote facility.

Mortgage product availability is subject to status and availability.

Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions. To confirm details and availability of any product please click the “Do I Qualify” button.