You may wish to consider a 2 year offset interest deal on a mortgage if you have substantial savings or a current account in credit. In an offset interest deal your mortgage loan will be linked to your savings account, current account or credit card. If you have £100,000 mortgage and £40,000 savings, you will only have to pay interest on £60,000 of the loan.
If you enter into a 2 year offset mortgage interest deal you will need to be sure that you can repay your mortgage loan within the set term of 2 years. If you have an irregular income but rely on commission and bonuses, it may be that you are confident you will be able to repay the entirety of your mortgage loan.
The tables on this page will makes the job of getting a great offset mortgage deal a great deal easier for you, simply click on the links to begin getting quotes today.