With Intelligent Finances Offset mortgages you can choose to offset your savings and/or current account.

Key flexible features of our mortgages include:

• No limit on the amount you can offset
• Make overpayments when you want
• We'll refund the standard valuation fee and pay our own legal fees for remortgages - a contribution of £330 will need to be repaid if you redeem your mortgage on or before 01.08.07 (or within the first two years for the Offset discounted 90 for 2 years and Offset tracker 80 for term of the mortgage products).
• Interest calculated on the basis of daily balances
• Loan-to-value - for house purchases you can borrow up to a maximum of 95% of the value or purchase price of your property, whichever is the lower. This is 90% for remortgages. (85% on loans over £500,000)

Offset mortgages have these flexible features

All the mortgages on this page feature:

• Offsetting - gives you the option to link your mortgage to your savings and/or current account balances and instead of receiving interest on your savings and/or current account balances, you pay none on the equivalent amount of your mortgage.
• Unlimited offset - we don't restrict how much money you can use to offset against your mortgage.
• Overpayments - you can make unrestricted overpayments and reborrow these whenever you need them. Bear in mind that if you repay your mortgage in full within a special rate period, early repayment charges may apply
• Additional borrowing - you can release money tied up in your home, based on your income and house value.
• Payment holidays - you can take up to 2 payment holidays each calendar year (not in the first 6 months or last 3 years of the mortgage or during the fixed or discounted period). We still charge interest, which, along with missed payments, is repaid over your remaining term.
• Interest calculated on the basis of daily balances - to give you a consistently good deal.
• Portable - you can carry forward the special rate to a mortgage on a new property for the remainder of the special rate period.
• Choose your repayment type - repayment, interest-only, or a combination of both.
• Choose the term of your mortgage - from 5 years upwards (providing the loan is repaid by your 65th birthday).
• Loan-to-value - for house purchases you can borrow up to a maximum of 95% of the value or purchase price of your property, whichever is the lower. This is 90% for remortgages. (85% on loans over £500,000)