Offset mortgage providers

Offset Mortgages are a way of using your savings to reduce the interest on your mortgage calculations. As this is debt reduction, not income, it is tax free. However mortgages are not straight products with one simple rate, so we cannot do a best of table its proper justice. As such we aim to at least list all the offset suppliers we can and their current best tracker rate above base.

Company Product Notes
Woolwich Offset 0.75% above base
Yorkshire BS Offset Tracker 0.45% above base for term
Newcastle BS Offset Tracker 0.50% above base for term
Freestyle Freestyle flexible
Natwest Offset
Britannia Connections tracker
IF One 0.74 above base
First Direct offset
Lloyds TSB Offset 0.9% above base. Also sold as Cheltnam & Gloucester
One Account One Part of RBS

Table | Offset mortgage suppliers |

For details on the current Base Rates, please refer to the Bank of England website