To find out if there's a 5 year offset mortgage that's right for you, check out the table below, where we offer our selection of the latest deals. 5 year offset mortgages offer a long-term mortgage option, letting you use your savings to offset your debt, reducing the amount of interest you pay. For example, if you take out a £100,000 offset mortgage and you have £20,000 of savings, you would only pay interest on £80,000 of the debt. See the table below for some of the latest deals and see if there's a 5 year offset mortgage that offers what you're looking for in a mortgage.