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Make my money work harder

Offsetting is a great option if you’d like to make your money work harder. By connecting your Intelligent Finance Savings/Current Account and/or ISA with your mortgage, you could save money.

Here's how

The interest you could save on your mortgage could be more than you might earn on the same money if you had it in another account, for example a savings account with a different lender. There are also tax benefits to be gained by connecting your accounts and using your savings to save interest on your mortgage - because you receive no interest on these hardworking savings, there’s no tax to pay. And with our offset mortgage payment options, you can choose how to take the benefits of offsetting to suit your personal situation. There are 3 options available so you can choose to reduce your monthly payments, reduce the term of your mortgage or reduce your overall mortgage debt.

Is it for me?

Many people could be better off with an offset mortgage - particularly the self-employed saving for tax purposes, those whose cash-flow varies throughout the year or is boosted by bonuses or high value tax payers.

Try our offset calculator today and see how much you could save on your mortgage.