Your home may be repossessed if you do not keep up repayments on your mortgage.
Offset Wheel
Take control of your
monthly savings and
pay less on your mortgage
Select your monthly savings
amount and spin
Monthly Savings Amount: £ 25
Spin
* for higher-rate tax payers
Offset Mortgage Finder
Search and compare products
from our range of Offset mortgages.
Choose Chelsea Offset
Chelsea Offset is the smart choice
for savers with a mortgage.
Please note
The calculations used in this demonstrator are based on the following:
- Examples are for illustrative purposes only and based on a typical Chelsea Building Society Offset mortgage rate of 4.00% on a repayment basis, with the interest rate remaining constant throughout the term of the mortgage.
- Actual mortgage rates available are dependent on market conditions so change from time to time.
- Mortgage balance is £200,000 and term is 25 years.
- Requires a static (i.e. fixed) payment to be set up and maintained throughout the mortgage term.
- Mortgage type is repayment.
- No interest is payable on the Offset savings balance.
- Regular monthly savings deposits are made throughout the mortgage term (in line with the 'Monthly Savings Deposit' entered), or a constant savings balance is maintained (in line with the 'Current Savings Balance' entered).
This information does not contain all of the details you need to choose a mortgage. Make sure you read the separate Key Facts document before you make a decision. The actual amount you can borrow, term and repayment method available will vary depending upon your personal circumstances and borrowing requirements. Applications subject to standard lending criteria and all loans subject to status. Early repayment charges apply and product fees may apply.
However you choose to manage your Offset Account you will need to select one of the available monthly payment options. If your aim is to Offset in order to pay off your mortgage quicker, you must choose the Reduced term option.
Chelsea Building Society and the Chelsea are trading names of Yorkshire Building Society. Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Yorkshire Building Society is entered in theFinancial Services Register and its registration number is 106085. Principal Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ.
References to 'YBS Group' or 'Yorkshire Group' refer to Yorkshire Building Society, the trading names under which it operates (Barnsley Building Society, the Barnsley, Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and its subsidiary companies.
Buy to Let mortgages are not regulated by the Financial Conduct Authority
This site is intended for UK Residents unless otherwise stated. All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security.
*Calls to 0800 numbers are free of charge from a landline or mobile. Calls to 03 numbers are charged at the same standard network rate as 01 or 02 landline numbers, even when calling from a mobile.
Get in touch with us:
- Call us:
http://www.thechelsea.co.uk/contact/index.html - Find a branch:
http://www.thechelsea.co.uk/contact/branch_finder.html - Manage your accounts online:
http://www.thechelsea.co.uk/security/online_help.html
