Barclays Offset Mortgages

Barclays Offset Mortgages

A Barclays Offset mortgage could be just what you are looking for if you want to link your savings or current account to your mortgage.

With the Offset mortgage each month your bank calculates how much you owe and the interest payable, and reduces this from the amount that is in your account - this system enables you to pay of your mortgage quicker and therefore pay less in total.

With a Barclays offset mortgage, you can offset up to four current accounts as well as 12 open plan savings/ pots, to allow you to save for other necessary items.

Barclays has a wide selection of mortgages to suit (hopefully) every individual and also provide a range of variable and discount rate mortgages, giving you the opportunity to borrow extra cash when required and states that the long winded and drawn out paper work will be kept to an absolute minimum.
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
 By submitting this form you are consenting to your information being passed to an associate of Okoza who may contact you. This information may be used by us or selected partners to advise you of other useful products or services that we feel you would be interested in. Our service is free to you but to operate this service we receive fees from the lenders or brokers we refer you to. There may be a fee for mortgage advice. The adviser is obliged to disclose to you the fee before providing the advice and the precise amount will depend upon your circumstances. We estimate that a typical fee will be 1% of the sum you borrow..