" They’re simple to manage, they make savings work harder and borrowers could use their savings to reduce their monthly mortgage payments or reduce their term."
New five-year fixed rates are available from 2.29% up to 85% LTV and ten-year fixes start at 2.59% at 75% LTV, both with a £999 product fee.
Kevin Purvey, director of intermediaries, said: “Our expanded offset range includes fixed and Flexx for Term options up to 85% LTV. There are even fee-free products which are ideal for clients looking to keep their initial costs low.
“Our offset mortgages are a fantastic option – they’re simple to manage, they make savings work harder and borrowers could use their savings to reduce their monthly mortgage payments or reduce their term. An Offset isn’t just for big savers – a small amount saved regularly can make a big difference.
“We’ve created a short video explaining how our offset works and some case studies to show what type of client could benefit from an offset mortgage – I’d encourage brokers to take a look.”
