Best Current Account Mortgage

I have just been through this exercise and set up a spreadsheet to compare the cost over 5 years. There are lots of providers. I looked at OneAccount, First Direct, Abbey, NatWest, Lloyds TSB, Intelligent Finance and Northern Rock. The benefit of these accounts is that you can use your current and savings account balances to offset against your mortgage. You need to have savings and be a high rate tax payer for this to be worthwhile but if you are, then you should end up paying off your mortgage quicker. Many of the sites have calculators to work out the savings. But the rates are generally higher than other mortgages. So the upside is that all your available money helps pay off the mortgage and it is very flexible, the downside is that the rate can be more and you may lower your costs by going for the cheapest possible rate and making overpayments when you can. I went with Northern Rock which offered a great rate and £1000 towards the cost of moving mortgage. However I discovered after completion that the current account is postal access only! NO internet access or telephone banking and their service has been a complete mess. If doing it again, I would go with Newcastle Building Society. They do not offer a current account, just a savings account. But there is internet access so you can manage your money easily, use your savings to offset against the mortgage and if you keep your current account balance to a minimum, it will save you lots of money. The most well known account is the OneAccount, but the rate was 0.75% higher than Newcastle B.Soc. Avoid Northern Rock like the plague.