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Offset Mortgage - Newcastle Building Society

Hi

Does anyone have any postive or negative experience of the above. They are offering a fee free (no valuation or legal or application fee) offset remortgage at what seems to be a pretty decent rate.

I have a fair amount which I could offset but do not want to tie it up. I filled out an online thing a few days ago and the message said they would call me back and send the pre completed application form. However nothing seems to have happened and you can't download their mortgage forms.

I wouldn't want to be lumbered with a non performing lender!


If anyone else has experiences of good fee free (or almost) I'd be grateful
joe

Comments

  • silvercar
    silvercar Posts: 49,798 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I've got a Coventry Building Society offset mortgage. Interest rate fixed at 4.99% for 2 years. I don't know if that is the cheapest offset around but there customer service has proved excellent. They also offer free valuation and some legal deal on re-mortgages.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • baloola
    baloola Posts: 11 Forumite
    Hi

    same thing here I filled in the forms they said they would get back to me but they did not :-(

    So here I am still looking for the best offset around.

    Regards
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