Santander mortgages

Flexible Offset Mortgages

Our Flexible Offset Mortgages gives you added freedom – and a great long-term deal. It allows you to offset your savings against your mortgage. So the more money there is in your savings pot, the less interest you’ll be charged, allowing you to pay off your mortgage earlier. Find out how much you could borrow with our online mortgage calculator or view our current Flexible Mortgages deals.

Why choose a Flexible Offset Mortgage?

Freedom - overpay when you choose so you pay less interest over the mortgage term, then underpay or take a payment holiday whenever you need
Savings - offset your savings against your mortgage and cut the interest you pay over the term of your mortgage
Reduced payments – our Flexible Offset Mortgages track the Bank of England base rate so you benefit from lower monthly repayments if this rate reduces, but remember it may also go up
Long term - added flexibility means you needn’t look for a new deal every few years
Extra borrowing - borrow additional money in the future, at the same rate as your mortgage up to an agreed limit
Benefit packages - available on some of our Flexible Offset Mortgages, these include a free basic valuation on properties valued up to £2.5 million, and standard legal fees paid for remortgaging or £250 cashback if you’re moving home – early repayment charges will apply
Risk - you need to be comfortable with repayments that could rise as well as fall

You can apply for a Flexible Offset Mortgage by telephone or at your local Santander branch - simply book an appointment.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE