Many offset mortgages many also be quite flexible, and can provide customers with payment holidays if they wish to underpay in certain circumstances. Equally, customers may also wish to use their savings to repay their mortgage early.
Offset mortgages from Yorkshire Bank are offered in several different formats that may be of use to customers depending on their circumstances. These mortgages are offered with several different loan to value ratios, some examples include:
- An offset 2 year mortgage with a 65% loan to value ratio, and an initial rate of 2.59%
- An offset 2 year mortgage with a max loan to value ratio of 75%, with an initial rate of 2.99%
- An offset 2 year mortgage with an 80% max loan to value ratio, and an initial rate of 3.99%
- Customers may also be offered a variable rate offset mortgage, with a loan to value ratio of 85% and an initial rate of 4.59%.
If deals from this provider are not suitable, customers are advised to shop around for mortgage comparisons in order to find an offer that is tailored to their individual requirements.