Notices

Savings customers - the interest rates on many of our variable rate savings products will be decreasing from 6 January 2025. Find out more

We will be emailing or writing to you shortly to let you know of how these decreases affect you. In the meantime, you can see all of these changes here.
Mortgage customers - our Managed Mortgage Rate (MMR) will decrease by 0.25% from 20 January 2025. Find out more:

From 20 January 2025, we'll be decreasing our Managed Mortgage Rates (MMR) by 0.25%. All on-sale discounted variable product rates and other details, including representative examples displayed on our website, have been updated to reflect these lower rates.
We will be writing to existing customers who have been impacted by this change, shortly, with details relevant to them.
View our Christmas opening hours here. For information on bank transfer processing times over the Christmas period please click here.
Rate changes following Bank of England decision to decrease its Bank Rate by 0.25% to 4.75% on 7 November 2024. Find out more

Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 December 2024. We will be writing to all customers individually to confirm the new rates.
Mortgages: Tracker mortgages will change on 25 December 2024 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.
(Notice updated 08/11)

Offset mortgage calculator

Use our offset mortgage calculator to see how your savings could reduce your mortgage term or monthly payments.

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

To find out how much interest you can save over the term of your mortgage, simply insert the mortgage amount and the amount of savings you wish to deposit in your Offset Saver account. Then select the term of the mortgage from the drop down menu, press 'Calculate' and see how much interest you could save and the length of time you would shave off your mortgage term.

This calculator is for illustrative purposes only.

All fields marked '*' are required

Loan & Offset Values

What type of mortgage do you want? *

Residential offset

Buy to Let offset

Desired loan amount * (£)

Offset amount * (£)

Term * (years)