New internal data released from The Co-operative Bank Mortgages reveals a 56% year on year increase in the number of customers making mortgage overpayments.
first direct has announced the launch of its new market leading offset tracker which tracks 2.08% above the Bank of England base rate (currently 2.58%).
Coventry Building Society is launching a new mortgage product range with rates lowered by up to 0.66%.
Forty per cent of homeowners don't understand the basic idea of an offset mortgage and a further 35% only roughly know how they work, according to a survey commissioned by first direct.
Leeds Building Society has launched a range of offset mortgages from only 5.49% that includes a number of market leading products.
first direct's two new fee free offset trackers launched today, are the best of their type in the market according to Moneyfacts.
first direct are the only lender offering a fixed rate offset allowing customers to make unlimited overpayments and maintain access to them say Moneyfacts.
first direct has launched a market leading offset tracker mortgage which tracks the bank of England base rate plus 2.48% for the life of the loan.
first direct has launched a new range of market beating fix rate offset mortgages. All the new mortgages are available to new and existing customers for both house purchases and re-mortgages.
Yorkshire Building Society's Offset Plus account is proving to be very popular with parents wanting to help out their children with mortgage payments whilst giving the parent full access to their savings.
As homeowners adjust to shrinking returns on their savings, research reveals uptake of offset mortgages is on the rise. New offset lending rose 16 per cent in the last three months of 2008.
With interest rates at historically low levels Yorkshire Building Society has seen a sharp increase in the number of borrowers choosing offset mortgages.
Competitively priced offset mortgages mean they dominate the mortgage landscape in many countries, but in the UK it has traditionally been a different story - until now.
Coventry Building Society, that recently announced excellent half year results, will on Friday 29 August be adding new offsets to its existing range of mortgages.
first direct has launched a market leading fee free offset base rate tracker mortgage at a rate of 0.99% above the Bank of England Base rate for the life of the loan, currently 5.99%.
31 to 45 of 65 for Offset Mortgages