Offset Mortgage

Leverage your savings for reduced monthly payments

Offset Mortgage Advisors

At Hawke Financial Services, we specialise in offering effective offset mortgage solutions that will transform your finances. An offset mortgage will enable you to secure your dream home with ease for reduced monthly payments, or pay off your mortgage sooner for financial stability.

What Are Offset Mortgages?

An offset mortgage lets you factor in your current and savings accounts, leveraging this against your mortgage to reduce the balance that mortgage interest is charged on. Your savings are ‘offset’ against the mortgage and, whilst none of this money is used to repay the mortgage, it is used to save you the cost of interest.

How Does This Work?

Offset mortgages work by reducing the amount of interest you pay on your mortgage. For example: you may have an existing mortgage of £200,000 and are paying an interest rate of 3%. You also have £20,000 in saving. You can offset this £20,0000 and pay only mortgage interest on the £180,000. The amount saved from this will usually be more than the normal interest the money would have accrued in your savings.

The Benefits Of An Offset Mortgage

There are a huge amount of advantages to securing an offset mortgage for your property. These include: paying no tax on the interest that you save (compared to paying tax on interest earned on a normal account), finishing your mortgage sooner, making lower monthly payments, supporting family and friends by contributing your savings to their mortgage, saving more interest than earned traditionally in a savings account, retaining easy access to savings.

Is An Offset Mortgage Suitable For Me?

There are many situations in which an offset mortgage will be financially beneficial. However your savings that you link won’t earn interest whilst they’re offset for the mortgage, so if you rely on the income of your savings interest, then an offset mortgage may not be suitable for you. Similarly, if you withdraw your savings then your mortgage payments will rise – making it unsuitable for someone who may need to rely on their savings to live from.

Help Family Members Get On The Property Ladder

Offset mortgages are ideal for supportive relatives to help their loved ones get a foot on the property ladder. The savings don’t have to be from one person directly and they can come from multiple accounts not just one lump sum. You can contribute your own savings to an individuals’ mortgage, acting in a similar role to a guarantor. You’ll still have full access to your savings, risk free.

Get Your Offset Mortgage Today

At Hawke FS, we understand that offset mortgages are one of the least-known and understood mortgage offerings on the market, which is why our tactful consultants work exhaustively to ensure that you understand the process and its benefit. You can get your policy set up with immediacy – simply contact our advisors today and you’ll be sent an initial enquiry form.

Request A Callback

We offer all our potential customers their initial meeting free of charge and with no obligation

All our team members are fully qualified, professional and courteous Bridging Loan Advisors. They always keep our customers’ best interests at the centre of our business.

Why Use Hawke FS?

At Hawke FS, we pride ourselves on delivering outstanding customer service, providing you with the best deal on the market to ensure your financial security. We’ve helped countless clients grow their business and secure their future with our effective mortgages. Our consultants are happy to advise you on the benefits of an offset mortgage and whether this is the most suitable option for you. We are committed to finding the most suitable products to suit your needs and will always offer transparent advice to find the best deal on the market for you.

Contact Us

For more information on offset mortgages and the additional mortgage types we offer here at Hawke FS, please do not hesitate to get in touch with the team today and our Mortgage Brokers will be more than happy to discuss your options with you. If you are looking for Mortgage Advisors, Contact Us here at Hawke Financial Services Llp today.

Call Us on 020 8660 8613 or email us at with your enquiry, and our brokers will be happy to discuss your options with you.

Client Testimonials

Richard - Perfectly Satisfied With Their Advice And Service

“I was perfectly satisfied with their advice and service. They were fast, helpful and always kept me updated. There was never a moment I didnt think I was getting the best service.”

Mehdi Rizvi - Excellent Professional Service - 14th Sep 2017

“I have been with Hawke Financials (Peter Hunt) since 2014. As a Buy to Let landlord, I found they are extremely professional and provide unbiased/impartial proficient advice. They have access to all the major lenders and offer very competitive mortgage rates with excellent customer service. Strongly Recommended”

Paul Jenkins - Residential Remortgage - 12th Sep 2017

“We required to remortgage for various reasons and were given expert advise on how best to do this along with our many options. I found the information given in a way which was easy to understand and very practical. The process proved to be a little more difficult but without the support from Hawke Finacial I am sure things would have been even more difficult and taken even longer. The delays were with other parties and not because of Hawke.”

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