Offset mortgage advice

Tailored rates with firstmortgage.co.uk

Are you searching for impartial offset mortgage advice?

Our team of experienced consultants is on hand to answer any questions you may have and help you find the best deal on the market. We look through hundreds of offers for the best rates and terms. Call us on 0845 603 1525 for more mortgage advice and assistance.

Find offset mortgage advice with First Mortgage

What is an offset mortgage?

By offsetting the funds in your savings and current account against your mortgage, this type of deal allows you to reduce your interest. The more savings you have, the less interest you will pay. For example, your mortgage might be £150,000, but you have a savings pot of £20,000. That means that you will only pay interest on £130,000. This can help you save money and pay off your mortgage faster.

Make sure you visit our calculator page to find out how much you can borrow. If you take out more than you can afford you may run the risk of losing your home. Feel free to call us for any more advice about this type of offer.

More offset mortgage advice...

It’s worth considering the following pieces of offset mortgage advice before you make a decision on a new deal:

 If you have unpredictable income (for example if you are self employed or work on a bonus scheme) this could be a good deal for you

 However, you need to make sure you have sufficient savings or the befits of this deal are reduced

 Your credit card and store card debt can be paid off at the more favourable mortgage rates

 This works to help you pay off your mortgage faster, and save you money

 It’s worth remembering that consolidating debts into a mortgage does mean that you will take longer to pay them off

 Unlike a current account mortgage, you can still see your individual accounts

Find offset mortgage advice with First Mortgage

Phone us on 0845 603 1525 for more offset mortgage advice. Our team are on hand to help you understand this type of deal and find you the best rates on the market.