Offset Mortgage
Save thousands with our Offset Mortgage
- Repay your mortgage years earlier
- The overall cost for comparison is 6.8% APR
- Take payment holidays if you’ve previously overpaid*
If you’re looking for a quicker way to pay off your mortgage the Clydesdale Bank Offset Mortgage may well be for you. By linking the money in your Clydesdale Bank Offset Savings Accounts and Offset Current Accounts with our Offset Mortgage, your could save thousands in interest payments. With a monthly statement that highlights your interest saved it couldn’t be simpler.
How to apply
- Ask us to call you back (Opens in a new window)
- Telephone 0845 602 5450
- Visit your local Clydesdale Bank branch (Opens in a new window)
What you get
Be mortgage-free faster
- You could save thousands in interest and repay your mortgage years earlier
- Link up to 6 current and savings accounts to your Offset Mortgage
- Balance of current and savings accounts is offset against mortgage balance
- Overall cost for comparison is 6.8% APR
- Enjoy the flexibility to overpay
- Take payment holidays if you’ve previously overpaid
- Keep track of your money in separate accounts
- Monthly summary statement which highlights your monthly interest savings
- Switching Package – the easy way to move to our Offset Mortgage
- Accounts can be operated in branch or over the phone and Internet
- Current Account has all the standard features including cheque book, ATM access and debit card facilities
Other mortgages
- Current Account Mortgage - the smarter way to manage your money
- Flexible Payment Mortgage - take control of your payments
- Fixed Rate Mortgages - make budgeting easier
- 2 Year Discounted Lifetime Offset Tracker Mortgage - the mortgage rate that stays attractive
- First Time Buyer Mortgages - helping you towards your first home
- Investment Housing Loan - helping you buy a second property
- Business Offset Mortgage - the power of personal and business banking combined
- Spanish Mortgage – feel right at home when buying a property in Spain
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
*Please note that you can only take payment holidays where you have previously overpaid. If you reduce your repayments or take a payment holiday, the amount of your loan will not be reducing as quickly, so you could end up paying more in interest charges over the term of the mortgage.
For your security, calls may be monitored or recorded.