Compare the best offset mortgage deals on the market

John Charcol

John Charcol 0330 057 5173 £

Cutlers Exchange, 123 Houndsditch London EC3A 7BU

90%

1643 Total reviews

4.84 Average rating

Reviews.co.uk

Looking to offset your savings against your mortgage to reduce the amount of interest you pay? Our offset mortgage comparison tool provides an indication of the best offset mortgage deals currently on the market. 

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We recommend you sort by True Cost Comparison find out more

We recommend you sort by True Cost Comparison

We suggest you use our ‘True Cost Comparison’ filter. This allows you to accurately understand how different mortgages compare by ordering results based on the total cost over a ‘deal period’, such as a two, or five-year fixed rate mortgage.

Some low interest rate deals might seem attractive, but if fees are higher they might not be the best value for you. When comparing mortgage deals our true cost comparison factors the lender fees over the length of the deal as well as your monthly mortgage payments.

For example, if your repayments are £2,000 per month on a two-year fixed-rate mortgage, plus £500 in lender fees, the total cost of the deal is £48,500.

We've found 33 offset mortgage deals that match your search

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Scheme ID 4595
Initial rate 1.39% then 4.74% (variable) ?
Monthly repayments £ 1,031 ?
Type/Duration Variable ?
Scheme fees £1,007 ?
Cost comparison £25,760 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 50%
Overpayments allowed? Yes
Early Repayment charges £125, plus (2% until 31-12-20, 1% until 31-12-21)

Other info

Exit fees £125
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 1 month at 1.39%, then moving onto variable rate for 3 years at 4.99%, and then on a variable rate for 19 years and 11 months at 4.74%. This would require 25 payments of £1,031.39, followed by 36 payments of £1,483.41, and 239 payments of £1,452.63. The total amount payable would be £427,498 made up of the loan amount plus interest (£165,241) and fees (£1,132 which includes exit fees of £125). The overall cost for comparison is 4.29% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 4482
Initial rate 1.49% then 4.74% (variable) ?
Monthly repayments £ 1,044 ?
Type/Duration Variable ?
Scheme fees £1,007 ?
Cost comparison £26,054 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 65%
Overpayments allowed? Yes
Early Repayment charges £125, plus (2% until 31-12-20, 1% until 31-12-21)

Other info

Exit fees £125
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 1 month at 1.49%, then moving onto variable rate for 3 years at 4.99%, and then on a variable rate for 19 years and 11 months at 4.74%. This would require 25 payments of £1,043.61, followed by 36 payments of £1,484.77, and 239 payments of £1,453.97. The total amount payable would be £428,173 made up of the loan amount plus interest (£165,916) and fees (£1,132 which includes exit fees of £125). The overall cost for comparison is 4.31% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 24398
Initial rate 1.49% then 4.24% (variable) ?
Monthly repayments £ 1,044 ?
Type/Duration Variable ?
Scheme fees £1,354 ?
Cost comparison £26,401 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 60%
Overpayments allowed? Yes
Early Repayment charges 0.7% in year 1, 0.5% in year 2

Other info

Exit fees £0
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a tracker rate for 2 years at 1.49%, and then on a variable rate for 23 years at 4.24%. This would require 24 payments of £1,043.61 and 276 payments of £1,384.07. The total amount payable would be £408,404 made up of the loan amount plus interest (£145,800) and fees (£1,354 which includes exit fees of £0). The overall cost for comparison is 3.87% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 24160
Initial rate 1.49% then 4.24% (variable) ?
Monthly repayments £ 1,044 ?
Type/Duration Variable ?
Scheme fees £1,354 ?
Cost comparison £26,401 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 60%
Overpayments allowed? Yes
Early Repayment charges 0.7% in year 1, 0.5% in year 2

Other info

Exit fees £0
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a tracker rate for 2 years at 1.49%, and then on a variable rate for 23 years at 4.24%. This would require 24 payments of £1,043.61 and 276 payments of £1,384.07. The total amount payable would be £408,404 made up of the loan amount plus interest (£145,800) and fees (£1,354 which includes exit fees of £0). The overall cost for comparison is 3.87% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 4428
Initial rate 1.59% then 4.74% (variable) ?
Monthly repayments £ 1,056 ?
Type/Duration Variable ?
Scheme fees £1,007 ?
Cost comparison £26,349 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 75%
Overpayments allowed? Yes
Early Repayment charges £125, plus (2% until 31-12-20, 1% until 31-12-21)

Other info

Exit fees £125
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 1 month at 1.59%, then moving onto variable rate for 3 years at 4.99%, and then on a variable rate for 19 years and 11 months at 4.74%. This would require 25 payments of £1,055.92, followed by 36 payments of £1,486.13, and 239 payments of £1,455.30. The total amount payable would be £428,847 made up of the loan amount plus interest (£166,590) and fees (£1,132 which includes exit fees of £125). The overall cost for comparison is 4.33% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 24237
Initial rate 1.59% then 4.24% (variable) ?
Monthly repayments £ 1,056 ?
Type/Duration Variable ?
Scheme fees £1,354 ?
Cost comparison £26,696 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 60%
Overpayments allowed? Yes
Early Repayment charges 1.75% in year 1, 0.9% until 28-02-22

Other info

Exit fees £0
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 3 months at 1.59%, and then on a variable rate for 22 years and 9 months at 4.24%. This would require 27 payments of £1,055.92 and 273 payments of £1,381.71. The total amount payable would be £407,071 made up of the loan amount plus interest (£144,467) and fees (£1,354 which includes exit fees of £0). The overall cost for comparison is 3.83% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 23994
Initial rate 1.59% then 4.24% (variable) ?
Monthly repayments £ 1,056 ?
Type/Duration Variable ?
Scheme fees £1,354 ?
Cost comparison £26,696 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 60%
Overpayments allowed? Yes
Early Repayment charges 1.75% in year 1, 0.9% until 28-02-22

Other info

Exit fees £0
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 3 months at 1.59%, and then on a variable rate for 22 years and 9 months at 4.24%. This would require 27 payments of £1,055.92 and 273 payments of £1,381.71. The total amount payable would be £407,071 made up of the loan amount plus interest (£144,467) and fees (£1,354 which includes exit fees of £0). The overall cost for comparison is 3.83% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 4317
Initial rate 1.69% then 4.74% (variable) ?
Monthly repayments £ 1,068 ?
Type/Duration Variable ?
Scheme fees £1,007 ?
Cost comparison £26,647 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 85%
Overpayments allowed? Yes
Early Repayment charges £125, plus (2% until 31-12-20, 1% until 31-12-21)

Other info

Exit fees £125
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 1 month at 1.69%, then moving onto variable rate for 3 years at 4.99%, and then on a variable rate for 19 years and 11 months at 4.74%. This would require 25 payments of £1,068.32, followed by 36 payments of £1,487.48, and 239 payments of £1,456.62. The total amount payable would be £429,521 made up of the loan amount plus interest (£167,264) and fees (£1,132 which includes exit fees of £125). The overall cost for comparison is 4.35% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 5231
Initial rate 1.69% then 4.24% (variable) ?
Monthly repayments £ 1,068 ?
Type/Duration Variable ?
Scheme fees £1,784 ?
Cost comparison £27,424 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 75%
Overpayments allowed? Yes
Early Repayment charges £80, plus (1% in years 1-2) of the original balance on full redemption

Other info

Exit fees £80
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a tracker rate for 2 years at 1.69%, and then on a tracker rate for 23 years at 4.24%. This would require 24 payments of £1,068.32 and 276 payments of £1,386.48. The total amount payable would be £410,172 made up of the loan amount plus interest (£147,138) and fees (£1,864 which includes exit fees of £80). The overall cost for comparison is 3.92% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

Scheme ID 4625
Initial rate 1.79% then 4.74% (variable) ?
Monthly repayments £ 1,081 ?
Type/Duration Variable ?
Scheme fees £8 ?
Cost comparison £25,947 ?

Fees & Charges

Booking fees £0
Arrangement fees £0
Valuation fees £0
Other fees £0
Cashback £0

Flexibility

Max LTV 50%
Overpayments allowed? Yes
Early Repayment charges £125, plus (2% until 31-12-20, 1% until 31-12-21)

Other info

Exit fees £125
Basic legals £0

Representative example: A mortgage of £261,250 payable over 25 years on a repayment basis, initially on a fixed rate for 2 years and 1 month at 1.79%, then moving onto variable rate for 3 years at 4.99%, and then on a variable rate for 19 years and 11 months at 4.74%. This would require 25 payments of £1,080.81, followed by 36 payments of £1,488.81, and 239 payments of £1,457.92. The total amount payable would be £429,193 made up of the loan amount plus interest (£167,935) and fees (£133 which includes exit fees of £125). The overall cost for comparison is 4.33% APRC representative.

Speak to a mortgage expert on 0344 346 3672 or Enquire now

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We can save you time and money

An offset mortgage links your savings, and in some instances your current account, to your mortgage. As a result, instead of earning interest on your savings, you pay less interest on your mortgage. 

Many of the offset mortgage deals highlighted by our offset mortgage comparison tool are only available through independent brokers like John Charcol. Once you’ve found a deal that you think is right, call our experts to see how we can we save you time, effort and money.

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