An offset mortgage is a type of mortgage that is linked to your savings account. For many people, an offset mortgage could be particularly beneficial in that they could pay significantly less interest than on a standard mortgage.
There are many different banks and building societies that could offer offset mortgages in Northern Ireland. If you are interested in finding the best possible deal on an offset mortgage, then it would be advisable that you take some time to compare a number of the different deals currently on the market.
Many people are attracted to offset mortgages for their flexibility. An offset mortgage will generally allow you to make over- or underpayments, take payment breaks or withdraw some of your capital if you need it. For many people, having an offset mortgage would allow them to pay off their mortgage ahead of schedule without being penalised.
Please see our mortgage comparison tables below, which could help you in your search for offset mortgages deals in Northern Ireland: