YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
We charge a gross fee of £395 upon application. However, if we receive a minimum fee of £495 from the lender, upon completion, our fee is then reduced to a net fee of £145.
An offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it.
For example, if you borrowed £200,000, but had £50,000 in savings, you would only be paying interest on £150,000.
Offset mortgages are generally more expensive than standard deals, but can reduce your monthly payments, whilst still giving you access to savings.