Offset mortgages allow you to make payments via your current account. Offset mortgages allow you miss or make extra payments based on the health of your savings.
| Effective Offset Rate | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company |   |  |  |  |  |  |  | |
Standard Life Bank | 6.90% for term (BBR + 1.90%) | 75% | N/A | 6.90% | N/A |    | Daily |  |
Key:
- OP = Overpayments.
- UP = Underpayments.
- DD = Draw Down.
- PH = Payment Holiday
Product Guide
Self-Certification Current Account Offset Mortgages
Self-certification mortgages are available for clients who cannot verify their income as it may come from a number of sources, or they may not have been trading for long enough to have the required number of years accounts, or they may have a low basic salary but achieve bonus or commission payments or a regular second income. The lender will ask for details of the borrower's income, but they will not require to see proof of total earnings.
Related Links
Still confused by mortgages? Our mortgage guide can help by taking you through different types of mortgage and their features and benefits.
Still not sure what type of mortgage suits you? Our mortgage search can help you find a mortgage to suit your needs.
