Intelligent Finance, often considered the innovators when it comes to the offset mortgage market, is offering loans at a surprisingly good rate . Would-be borrowers can take out an offset mortgage at base rate plus 0.09 per cent. In today’s market this leaves the borrower with a pay rate of 4.59 per cent. For remortgage customers, the interest is base rate plus 2.29 per cent – a rate of 4.79 per cent.
These offset tracker mortgage products are fixed until September 2008, and both have an arrangement fee of £399. However, in the case of remortgages, the mortgage lender pays for legal and valuation fees. The mortgages are available for up to 85 per cent (LTV) Loan to Value, with early repayment charges of 2 per cent. Intelligent Finance are also offering base rate plus 0.15 per cent – but this is only available on home loans of £200,000 plus.
Rival lender Woolwich offer lifetime trackers with no time limit, at base rate plus 0.48 per cent with no early repayment penalties. Offset mortgages are most effective for those people who have healthy current account balances, or large savings . Much of your mortgage does not attract interest in this instance.
Offset mortgages from Intelligent Finance
Mortgage Quote Line
0845 108 0505
Offset mortgages from Intelligent Finance
Fri, 28 Jul 2006
Recommended links
Free UK mortgage enquiry formOffset mortgages top ten
Remortgages introduction
Woolwich lowers offset mortgage rate
Blackburn tops mortgage rates table, say RBS offset mortgage
Intelligent Finance reviews mortgage range
FSA consumer information - mortgages
Intelligent Finance reduce offset mortgage rates
Millions to be saved by offset mortgages, IF says
Offset tracker mortgage launched
Offset feature unveiled for mortgages UK
Mortgage lender kicks off offset mortgages
Offset mortgages on the up
Fee-free offset mortgage by Newcastle
Wealthy borrowers urged to consider offset mortgages
Offset mortgages praised
Offset Mortgages on the up
Offset mortgages for futures, expert says
Extended mortgage offsets with Scottish Widows
John Charcol launches new offset tracker mortgage
Mortgage broker launches offset tracker mortgage
Offset mortgage range launched
Offset mortgage benefits discussed
Offset mortgages worth the hype
Saving and borrowing combined with offset mortgage
Woolwich offset mortgage highly competitive, company claims
Intelligent Finance offset mortgage kicks off
New offset mortgages from Coventry
Fee-free mortgage broker offers new offset deal
Start saving money with offset mortgages from Leeds and Holbeck
Options for offset mortgages
Leeds offers offset mortgage
Offset mortgages becoming more suitable
Offset Plus mortgage and savings from Yorkshire
Offset mortgage overpayments could save money, says Abbey
Offset mortgage lending on the up
More savings with offset mortgages
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage