Offset Mortgages Best Buys

Offset Mortgages Best Buys Compared

Red TapeOne of the best places to see offset mortgages best buys is on a financial comparison website. That will allow borrowers to input their circumstances and see offset mortgages best buys on the basis of initial interest rate, annual percentage rate (APR), tie in period, loan to value and flexible features. Some sites also list their bestselling mortgages in different categories. Here are some of the offset mortgage deals that have made the list of offset mortgages best based on a mortgage of £125,000, over 20 years, on a property worth £150,000.

When looking at offset mortgages best buys on a leading financial comparison site, the Intelligent Finance tracker offset mortgage comes out as a bestseller. The maximum loan to value on this offset mortgage is 90 per cent, although this deal is not available for mortgages over 90 per cent loan to value. The product fee is £999. An important factor when borrowers are looking at offset mortgages best buys to others is the tie-in, and there is only one with the Intelligent Finance offset tracker - Early repayment charge is four percent in the first three years or 2011.

Scottish Widows Offset Mortgage

Borrowers who are looking for offset mortgages best buys can also consider the Britannia Building Society offset savings mortgage, which is pegged at 2.4 per cent above the Bank of England base rate, to give an APR of 5.74 per cent. Arrangement and administration fees come to £995 and there is no higher lending charge. Britannia's offset mortgages compare well to other mortgage products because there is no early repayment charge. Maximum loan to value is 90 per cent.

The Right Mortgage For You ImageThe Intelligent Finance offset mortgage compares well with other offset mortgages best buys. The two year tracker offset mortgage at 0.44 per cent above the Bank of England base rate ranks among the bestsellers on a leading financial comparison site. The revert to rate is 7.25 per cent, with a £995 arrangement fee and no early repayment charges.

Bristol and West offset mortgages features on offset mortgages best buys lists on the financial comparison website. This offset mortgage tracks 0.59 per cent above the base rate, with a a revert to rate of 7.1 per cent. Arrangement fees are £499 depending on whether you are a new or existing customer or whether you're moving home, moving your mortgage from another lender, borrowing more or changing your deal.

One Account

Unlike the other offset mortgages in our table of offset mortgages best buys, the One Account is a current account mortgage, but it still fares well in the tables. The APR on the term deal is 6.9 per cent and there are no tie-ins. There are no arrangement, application or redemption fees.

There are significant differences between these offset mortgages best buys and others, and borrowers will need to be aware that they may not be the right deals for their personal circumstances. In addition, the deals on offer may change without warning, especially if there is a change in the base rate. The deals on the websites are also not the only deals available. To see more offset mortgages best buys, check what deals our professional offset mortgage brokerage has to offer.

However, please note that The Offset Mortgage Centre cannot advise on or arrange mortgages from the Yorkshire Building Society, the Britannia Building Society or Lloyds TSB.

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