Could you save more with an Offset mortgage?

Already have savings – as you can have these working for you at the full mortgage rate by offsetting them

Are looking to reduce your mortgage – you can do this by either regularly saving and offsetting or making as many capital overpayments as you like

Have excess funds left in your current account to put in your savings

Require flexibility to access your Barclays savings and current accounts whenever you want – you can dip in and out as you need and even transfer money online between accounts

Have unpredictable cash flow – if you are self-employed, receive occasional large bonuses or commission, or work on highly-paid short-term contracts, any large sums you receive will start working hard for you immediately as your interest is calculated daily. This could also be the case with other sources of income such as rent

Are a higher rate tax payer – you will not pay any tax on interest you would have earned on your savings or current accounts

Save regularly towards your annual tax bill – as you can have this money working efficiently all year to reduce your mortgage payments.

Download a copy of our Offset brochure for more information on Offset mortgages

So maybe Offset isn't right for you. Check out our range of mortgage and savings products to see what else we have to offer.