Offset Mortgages
New offset and buy to let mortgages from Coventry BS
Coventry Building Society is launching a fantastic new range of Offset and Buy to Let products with flat fees, ideal for borrowers who requiring a larger loan.
Borrowers seek out Chelsea offset mortgages
Chelsea Building Society has seen strong demand for offset mortgages since these options were introduced across its standard mortgage range five months ago.
10th birthday celebrations for Yorkshire offset
This month Yorkshire Building Society celebrates its 10th year offering offset mortgages; and with more than one in three mortgage applications at the Yorkshire being on an offset basis, it is keen to promote the clear benefits they provide for its members.
Twice as many mortgage holders save rather than pay down debt
Despite recent research showing that overpaying on a mortgage offers better longer term rewards than saving, twice as many mortgage holders save regularly rather than pay down their debt according to research from online bank first direct.
Leeds launches market leading offset mortgages
Leeds Building Society has reduced the rates on its 2-year discount offset mortgage by up to 0.25%, with its 2.65% rate up to 75% LTV the best in the market.
Chelsea Building Society to enter offset mortgage market
Chelsea Building Society today announces that it will enter the offset mortgage market providing competitive and innovative mortgages to borrowers through its branch network, telephone and online channels.
5 ways to use a flexible offset mortgage to navigate uncertainty
In these times of economic uncertainty, rising inflation and seemingly ever increasing fuel prices first direct argues that an offset mortgage is a useful tool for homeowners to make the most of their money.
Renting out a room could shave 29 months off your offset mortgage
As first direct launches a range of new offset mortgage rates the direct bank has discovered that by renting out a spare room for just 5 years homeowners with an offset mortgage could reap the benefits.
Barclays boosts its range of offset deals
Barclays is launching a new range of Woolwich Offset mortgages which includes a competitively priced two year Offset tracker at 2.38 per cent (base + 1.88 market).
Offset mortgage borrowers generating outsize ‘returns' on savings
Over the past two years UK offset mortgage borrowers have earned £1.4 billion more on their savings than those who placed their money in best buy savings accounts, according to research by first direct.
Sail through interest rate uncertainty with first direct
After Spencer Dale, Executive Director and Chief Economist at the Bank of England, signalled this weekend that families should plan for interest rates to rise gradually over the next two years the fix or tracker mortgage debate has heated up once again.
Offset mortgages - hit or myth?
A new survey conducted by Yorkshire Building Society has revealed some worrying statistics in relation to Offset mortgages including the fact that only 7 per cent of borrowers considered an Offset product when taking out their mortgage.
Barclays cuts offset mortgages by 0.50 percentage points
Barclays is cutting its range of Offset Woolwich mortgages by up to 0.50 percentage points from Tuesday, 5 April, which could help homeowners repay their mortgage earlier and make them more tax-efficient.
You could get more for your savings with an offset mortgage
High rate tax payers could earn £2085 more on savings of £50,000 in just one year with an offset mortgage.
first direct sees its share of offset mortgages grow
According to the Council of Mortgage Lenders (CML) offset mortgages made up almost 11% of new mortgages sold in Q2 2010, versus 8.5% in 2007, perhaps due to the current low Base Rate climate, where an offset mortgage can make savings work harder.