Is an Offset Mortgage Better Than Making Overpayments?


Both options can help reduce the amount of interest paid over the life of a mortgage.

The advantage of an offset mortgage is flexibility. Your savings remain available should you need access to them in the future, whereas mortgage overpayments are usually locked into the property unless your lender allows you to borrow them back.

Get the Best Rates from Local Mortgage Advisers Now!

Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Find Mortgage Advice Near Me
Finding a mortgage adviser near you is easy. Whether you're a first-time buyer, moving home, investing in buy-to-let, or looking for a residential or commercial mortgage, simply answer a few questions and we'll connect you with FCA-regulated brokers in your area.
Close
100% secure