Bestselling Offset Mortgages Compared

One of the best places to see offset mortgages compared is on a financial comparison website. That will allow borrowers to input their circumstances and see offset mortgages compared 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 bestseller lists when you see offset mortgages compared.

With offset mortgages compared on a leading financial comparison site, the Yorkshire Building Society term tracker offset mortgage comes out as a bestseller. The maximum loan to value on this offset mortgage is 95 per cent, although there is a higher lending charge for mortgages over 90 per cent loan to value. The product fee is £495. An important factor when borrowers are looking to see some offset mortgages compared to others is the tie-in, and there isn't one with the Yorkshire Building Society offset term tracker. The APR on this offset mortgage is 5.4 per cent.

Britannia Offset Mortgage

Borrowers who are looking for offset mortgages compared can also consider the Britannia Building Society offset savings mortgage, which is pegged at 0.6 per cent above the Bank of England base rate, to give an APR of 5.6 per cent. Arrangement and administration fees come to £499 and there is no higher lending charge. Britannia's offset mortgages compared well to other mortgage products because there is no early repayment charge. Maximum loan to value is 90 per cent.

The Intelligent Finance offset mortgages compared well with others in best buy tables. The term tracker offset mortgage at 0.74 per cent above the Bank of England base rate ranks among the bestsellers on a leading financial comparison site. The APR is 5.8 per cent, with a £499 arrangement fee and no early repayment charges.

Lloyds TSB offset mortgages compared well in lists of best offset mortgages on the financial comparison website. This offset mortgage tracks 0.9 per cent above the base rate, with an APR of 6 per cent. Arrangement fees are between £299 and £699 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.

Virgin One Account

Unlike the other offset mortgages in our table of offset mortgages compared, the Virgin One Account is a current account mortgage, but it still fares well in the tables. The APR on the term deal is 6.2 per cent and there are no tie-ins. There are no arrangement, application or redemption fees.

There are significant differences between these offset mortgages compared to 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 find more offset mortgages compared see what deals our professional offset mortgage brokerage has to offer - we search the whole of the market.

Offset Mortgage Centre

RSS Feed