Halifax Offset Mortgages

Offset mortgages are generally intended for people who can afford to commit significant savings to their mortgage repayments. These savings are then used to reduce the cost of the customer’s interest repayments during their mortgage.

Halifax offset mortgage deals are not currently available, but they offer various other financial products for different customers. Such as for:

• First-time buyers
• Those looking to remortgage
• Those looking to buy-to-let
• Existing customers

As a Halifax offset mortgage is unavailable, customers are advised to shop around to compare offset mortgage offers from different providers. Comparing the market in this way is often the best way of finding the most competitive results, for information, please complete our enquiry form below:

When a current or savings account is linked to an offset mortgage, the interest generated by that account is used to reduce the cost of repayments. However, it should be remembered that most providers will not allow customers to access money in an account linked to the mortgage.

If this money is accessible, it is generally accepted that any withdrawals may substantially increase the cost of the interest rates on the mortgage.

Halifax has been in business for around 150 years and has a great deal of experience in selling financial products and services, whether you are a first-time buyer or looking to remortgage your property. Halifax claims to:

• Offer a wide range of mortgage deals
• Offer flexibility in most mortgage deals
• Provide professional financial assistance in their local branches