Offset mortgages

The flexible way to borrow

Your home may be repossessed if you do not
keep up repayments on your mortgage

Offset Rates Available as of 1st May 2008
MortgageInitial interest rateFollow on rateOverall cost for comparisonMax loanOther information
Offset Flexible Mortgage
Our Offset Flexible Mortgage Rate 6.20% variable
N/A6.6% APR95% facility to value
  • No early repayment charge
  • Product fee of £1499
  • When offsetting you don't earn any interest on your savings and/or current account
  • Interest continues to accrue during payment holidays and payments will increase thereafter
  • A higher lending charge will apply to all loans above 90% LTV
  • Also available for remortgages (up to 90% LTV)


An offset mortgage could be just the answer if you're looking to take control of your finances. That's because our Offset Flexible Mortgage neatly adapts to meet your changing financial needs and circumstances.

Flexible by nature

  • Pay off your mortgage early - without any penalties
  • Save money over the long-term - make extra repayments, without any charges
  • Get some breathing space - underpay or take repayment holidays. Interest will continue to accrue during any repayment break or period of reduced payments
  • Access extra money - borrow at your mortgage interest rate
  • Take your mortgage with you - take your Offset Flexible Mortgage with you when you move home

Higher Lending Charge

A Higher Lending Charge will apply to all loans above 90%.

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