Offset remortgages are mortgages where you offset the amount you owe with your savings, to either reduce the amount you pay each month, or reduce the mortgage term. Offset remortgages are a popular option these days, and with a range of flexible deals available, it is worth comparing all the available offers before making up your mind. Offset remortgages are often portable so that if you move, your mortgage can be moved without incurring any extra fees.
Other benefits of offset remortgages can include:
Fees such as deeds and discharge fees can apply with some mortgage providers, so make sure you are aware of all the costs involved. You can use our simple form to get further advice about offset remortgages and to find out which deal is best for you. An expert will also be able to discuss other types of remortgage deals with you, such as flexible, fixed rate and tracker remortgages.