Offset Tracker Mortgages

Latest Deal - NatWest 2 Year FIXED »

Call FREE - 0800 158 2934 

1.32%Reverts to 3.75% after 2 years
  • 2 Year Fixed - 60% LTV Deal
  • Call FREE - 0800 158 2934


Overall Cost for Comparison 3.50% APRC. This is the cost of the mortgage over the full term. Early redemption charges may apply.

Unlike fixed-rate deals, rates for offset tracker mortgages vary in connection with changing base rates. Furthermore, your home loan will be linked to a savings and/or current account so that the money you have is offset against your mortgage, reducing the amount you have to pay interest on. Offset tracker mortgages may be a good idea if you have substantial savings, as the debt can be cleared more quickly than on a standard mortgage. With an offset tracker mortgage you may be able to:

  • Underpay and take payment holidays, provided you have made sufficient overpayments
  • Offset multiple savings accounts and current accounts
  • Shorten your repayment period by paying off capital more quickly

Despite this, offset tracker mortgages often have higher interest rates than fixed rates, so it is worth weighing up all the options. You can do this using our simple enquiry form., below:

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker