YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A typical fee of £399 is payable on completion.A £30 administration fee is payable at completion of a full mortgage application and is non-refundable.We will provide you with a written confirmation of your fee prior to the commencement of any chargeable activity.We will also receive commission from the lender.
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.