Smart Savings Strategy

Offset Mortgages Make Your Savings Work Harder

Reduce interest payments · Keep access to savings · Pay off faster

Use Your Savings to Reduce Interest

How Offset Mortgages Work

An offset mortgage links your savings and current accounts to your mortgage balance. Instead of earning interest on your savings, that amount is offset against your mortgage, so you only pay interest on the difference.

For example, if you have a £200,000 mortgage and £30,000 in savings, you'd only pay interest on £170,000. Your savings remain accessible, but by offsetting them you could save thousands in interest or pay off your mortgage years earlier.

Rainstone Money works with specialist lenders who offer competitive offset mortgage products, helping you find the arrangement that maximises the benefit of your savings.

See How Much You Could Save

Full Offset

100% savings offset

Your entire savings balance is offset against your mortgage. The more you save, the less interest you pay, potentially saving thousands over the mortgage term.

Family Offset

Link family savings

Some offset mortgages allow family members to link their savings too, helping first-time buyers benefit from their family's combined savings.

Flexible Access

Keep your savings accessible

Unlike overpayments, your savings remain yours to access whenever needed. You get the interest-saving benefit without locking your money away.

Interest Savings

See exactly how much you could save by offsetting your savings against your mortgage balance with our expert calculations.

Pay Off Faster

By reducing your interest, more of each payment goes towards your mortgage balance, helping you become mortgage-free sooner.

Tax Efficient

Offset mortgages can be particularly tax-efficient for higher and additional rate taxpayers who would pay 40-45% on savings interest.

Expert Matching

We'll assess whether an offset mortgage is right for you and find the most competitive product from our specialist lender panel.

Let's Connect

Interested in offsetting your savings? Speak to our mortgage experts for a personalised assessment.

Call us on 020 7036 6435 for free advice and guidance

London Office

The Whitechapel Centre,
85 Myrdle Street,
London E1 1HL

020 7036 6435

Luton Office

243D Dunstable Road,
Luton,
LU4 8BW

01582 879098