Why offset?

It's simple

With an offset mortgage from Intelligent Finance, you can use the balances in your current account or savings (and even your ISA), to reduce the amount of interest you pay on your mortgage, or maximise the interest you earn on your savings.

But my savings change all the time

Here's how offsetting is really smart. It doesn't matter that the amount of money in your current account, savings or ISA will vary. Whatever's in there from day to day will go towards offsetting the amount you owe on your mortgage.

Even if you don't have any savings, you could pay your regular salary into your Intelligent Finance current account and benefit from offsetting that money against your mortgage.

What if I need access to my savings?

You can access your savings at any time with no penalties. We call each of these separate savings, mortgage and current accounts "jars", and you can give each jar the name of your choice. We simply connect the money in your jars to make it work harder.

So whether you're saving to improve your home, for school fees or a future tax bill, your money will be working harder for you in the meantime.

How long will it be before I see the benefits of offsetting?

Savings can be made from the first month. There are also many other benefits we offer with offsetting:

• Offset single and joint accounts
• Offset current account, savings and ISA in any combination
• If you've chosen to minimise there are 3 flexible options that put you in control of how you receive the benefits of offsetting.

Our offset benefit options give you choice:

• Shorter Term - the potential to pay off your mortgage early to gain greater financial freedom sooner
• Lower Payments - lowering your monthly mortgage payments to increase cash flow
• Reduced Debt - reducing the amount of interest paid over the term of your mortgage and gradually lowering your mortgage balance over your chosen mortgage term.

Try our Offset Calculator today and see how much you could save on your mortgage.

Try our offset calculator

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