The Best Offset Mortgage Lenders

Offset mortgages offer an option to UK home buyers to be able to pay off their mortgage loans early. With the offset mortgage, the savings account offsets the amount owed on the mortgage and interest is only paid on the net amount of the loan. These mortgages offer flexible payment options as well as tax savings to the home owner. The best offset mortgage lenders in the UK offer competitive interest rates and other attractive offset mortgage loan options.

Chelsea Building Society is one of the largest building societies in the UK. They have merged with Yorkshire Building Society and have assets of over £30 billion. They offer a broad range of financial products, including savings & investments, insurance, and mortgage products. Customers can apply for an offset mortgage with Chelsea Building Society online. They offer a tool on their website to calculate monthly repayment options for different offset loan types and terms. The types of offset mortgages offered include 2,3,5,6, and 7-year fixed offset loans; 2-year tracker offset loans; and 5-year tracker to fixed offset loans.


Woolwich is a part of Barclays Bank PLC. They are one of the world’s largest financial services groups and have been in business for over 300 years. They offer banking, loan, insurance, investment, and mortgage products to their customers in 23 countries. From their website, you can learn about their offset mortgage options, including the 2-year offset tracker, lifetime offset tracker, and offset tracker loyalty mortgage. They also offer other helpful tools on the website, including a mortgage glossary and an offset mortgage calculator.


NatWest is a member of the Royal Bank of Scotland Group. National Westminster Bank formed in 1968 as the result of a merger of National Provincial Bank and Westminster Bank. The history of the banks that formed NatWest dates back to the 1650s. NatWest offers its customers financial products such as savings, investments, loans, credit card services, insurance, and mortgages. From their website, customers can apply online for an offset mortgage, find out monthly payment options with the offset mortgage calculator, and read about the benefits offered by offset mortgages.

First Direct

First Direct offers mortgage loan products, including offset mortgages through HSBC Bank plc. They are headquartered in London and offer financial services worldwide in over 80 countries. HSBC is one of the world’s leading international banks. Products offered include savings, investments, loans, insurance, credit card, and mortgage services. First Direct offers an online application to customers to apply for an offset mortgage loan. The website offers a detailed explanation of all the advantages of offset mortgages along with mortgage comparison tools and mortgage calculators.

Melton Mowbray

Melton Mowbray Building Society has been in business since 1875 and offers personal finance products including savings accounts, insurance, wills, conveyancing, and mortgages to its customers. Through Melton Mowbray, customers can link their savings account to their mortgage to offset the interest earned. Home buyers who choose the offset mortgage saving account can choose a passbook based account on an online savings account. Through the website, there is a number to call for more information regarding offset mortgages.

Leeds Building Society

Leeds Building Society offers its customers a full range of personal finance services such as savings accounts, credit card services, insurance, financial planning and travel services and mortgages. It is one of the main financial centers in the UK outside of London. The company has been in business for 125 years and services over 70,000 customers. Their offset mortgage options include offset 2-year mortgage, offset fees assisted 2-year mortgage, and an offset variable-rate option. Customers can apply online or at a local branch location.

Market Harborough

Market Harborough Building Society is a mutual company, owned by its members. The company was established in 1870 and has financial assets in excess of £400m. The company offers savings accounts, insurance, mortgages, and financial planning services. The company website offers specific details regarding their rules and policies for offset mortgages along with a “contact us” form to find out more information about obtaining an offset mortgage.


Beverly Building Society offers many financial products to its customers, including flexible, or offset mortgages. From the website, you can gain access to speak directly to preferred mortgage brokers and gain expert advice. The offset mortgages offered by Beverley Building Society offer mortgages for up to 75% of the home’s value. They also offer a base rate tracker mortgage. For more information about offset mortgages, customers can enquire by email or telephone.


Santander has over 160 years of mortgage experience and offers a wide choice of mortgage options to customers in the UK. Their flexible offset mortgage options are available to both existing customers and first-time home buyers. From their website, customers can check rate availability, lending criteria, benefits of offset mortgage loans, and booking fees. There is also a mortgage calculator available to compare mortgage rates and calculate monthly repayment costs. For more information about offset mortgages, customers can call the telephone number provides on the company website or sign up for online banking and send a secure message.

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