Current Account Offset Mortgage

With a current account offset mortgage, you have separate accounts, but the funds you have in savings or current accounts are taken into consideration when your interest is calculated, which means that if, for instance, you have a mortgage of £125,000 and savings of £5,000, you only pay interest on the difference, i.e., £120,000. Benefits of a current account offset mortgage include:

• Tax free savings
• Makes your money work hard for you
• All your accounts are in one place
• If you have a good amount of credit, a current account offset mortgage would be a good option

If you think that a current account offset mortgage is a good idea for you, then use our FREE mortgage quotes service which will provide several quotes for you to compare the market and find the best rate current account mortgage.