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Offset products

If you like the idea of paying your mortgage off early or reducing your monthly payments and have some savings tucked away, an Offset mortgage could be right for you.

An Offset mortgage consists of two accounts, an Offset mortgage account and an Offset savings account. By linking your Offset savings account to your mortgage account you can reduce the amount of mortgage interest you pay.

Offset calculator
Remortgage Transfer Service

Get in touch

Call us if you're ready to apply, get a quote or would like to discuss your options on 0845 601 5216
Find your nearest branch to book an appointment

Offset products

If you like what you see call us on 0845 601 5216 or visit your nearest branch.

Mortgage
product
Current rateTermOverall cost for comparison isEarly Repayment ChargeMax LTVMore information
Offset Flexx for Term2.10% Variable rate for term, currently 2.10%

2.2% APR No65%
Offset 2.19% Fixed rate to 30.09.162.19% 2.19% Fixed rate to 30.09.16

Followed by Standard Variable Rate to 30.09.19, currently 4.74%.

Followed by Privilege Rate for the remainder of the mortgage, currently 4.49%.

4.3% APR Yes65%
Offset 3.25% Fixed rate to 30.09.193.25% 3.25% Fixed Rate until 30.09.19

Followed by Privilege Rate for the remainder of the mortgage, currently 4.49%.

4.2% APR Yes65%
Offset Flexx for Term2.29% Variable rate for term, currently 2.29%

2.4% APR No75%
Offset 2.39% Fixed rate to 30.09.162.39% 2.39% Fixed rate to 30.09.16

Followed by Standard Variable Rate to 30.09.19, currently 4.74%.

Followed by Privilege Rate for the remainder of the mortgage, currently 4.49%.

4.3% APR Yes75%
Offset 3.59% Fixed rate to 30.09.193.59% 3.59% Fixed Rate until 30.09.19

Followed by Privilege Rate for the remainder of the mortgage, currently 4.49%.

4.3% APR Yes75%

Privilege Mortgage Rate is a special rate for qualifying Coventry Residential mortgage customers. To qualify, customers must currently be a Coventry Residential borrower on a Coventry product (or Coventry SVR linked product), and have held this product for the last 5 years.

Booking and Valuation Fees (where applicable) are payable on application, and are non-refundable. Until these fees are received the application will not be processed. This means the product is not reserved and a valuation will not be instructed.

If you are remortgaging, have a look at what's included in our Remortgage Transfer Service.

Coventry Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 150892 www.fca.org.uk). This site is intended for UK residents only. Coventry Building Society. Registered Office: Economic House, PO Box 9, High Street, Coventry CV1 5QN.

Our advisors are available Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm, telephone self-service is available 24 hours a day, 365 days a year. Contact your service provider for details of call charges, as costs may vary. Find out why we use an 0845 number. To maintain a quality service, calls made to and from Coventry Building Society may be monitored and recorded.