Cheltenham & Gloucester (C&G) is a division of Lloyds TSB bank plc, which means that if you take out a mortgage loan with C&G, your mortgage is in fact with Lloyds TSB.
C&G does not currently offer an offset mortgage deal but they do offer the following types of interest rate deals:
- Tracker interest rate deal – interest rates rise and fall with the Bank of England base rate
- Fixed rate mortgage deal – fixed rate of interest until the end of the term when the interest rate will switch to the C&G standard variable rate
In both the Tracker and Fixed rate deals, you will be able to decide between a various set terms. It is important to find a mortgage deal that is suitable to you and your financial situation.
If you still have your heart set on finding a great offset mortgage deal, we have set out a number of great ones in the table below: