Sticking with your current lender after your initial deal ends may seem attractive if their rate is reasonable, but if you take a little time to look for a better rate you could save a significant amount.

An offset mortgage enables homebuyers to use savings in a linked bank account to reduce the interest you pay on your mortgage. For example, if you have a £100,000 mortgage and a savings account containing £20,000, the savings are taken into consideration and used to offset the mortgage and you only pay interest on £80,000.

Offset mortgages work differently to a standard mortgage, where you pay interest on the total amount owed. This means an offset mortgage could save you thousands of pounds in interest and charges over the mortgage term.

However, Offset mortgage and the options available are notoriously complex, but don’t worry as the team at Parkway Financial Solutions are experts in explaining the options and conditions for an offset mortgage offer. We will help you gain a clear understanding of whether this type of mortgage is right for you or not.

Our award-winning team are ready to help you understand what is available and which mortgage type best suits your circumstances. Simply complete the form below or call us on 0800 001 6136 to take the first step.

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Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

The Financial Conduct Authority (FCA) does not regulate some forms of Buy To Let mortgages.

We offer the option to pay for our mortgage services by a fee. Parkway Mortgages Ltd trading as Parkway Financial Solutions is an appointed representative of The Right Mortgage Network which is authorised and regulated by the Financial Conduct Authority.

No fee on insurance products and £495 fee mortgage mortgages paid on offer

Parkway Mortgages Ltd is registered in England, company registration number 6748364.

Registered Office: 78 Castle Lane West, Bournemouth, Dorset, BH9 3JU.

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

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Parkway Financial Solutions is a trading style of Parkway Mortgages Ltd, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority

Registered Office: Parkway Financial Solutions, 78 Castle Lane West, Bournemouth, Dorset, BH9 3JU|  Registered Company Number: 6748364 |  Registered in England and Wales.

This website is aimed at UK Residents Only