St. James's Place Bank : Offset Mortgages

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

St James's Place Bank Mortgages for existing clients

Use this tool to find mortgages available for your loan-to-value (LTV).

Offset Mortgages

Offsetting can be a great way to use your money effectively.

You could borrow up to a maximum of 75% of the value or purchase price of your property, whichever is the lower. Show all loan-to-value tiers. However different lending limits may apply depending on your choice of mortgage. Find out more about lending limits.

For rates for existing clients not moving home then phone 0845 602 6200.

Offset Tracker Mortgages

With our offset tracker rate mortgages, your interest rate tracks the Bank of England's (B.o.E) base rate for a set period, and you can choose to offset your St. James's Place Bank savings and / or current account.

Product
name

Max loan to value

Initial rate

Then changing for the remainder of the term to

The overall
cost for
comparison is

Home Purchase Offset tracker 75 until 30 November 2012 (B.o.E + 3.04%)

75%
LTV

3.54% currently.
Tracks 3.04% above the BoE's base rate until 30.11.12

2.50% currently.
(our offset variable mortgage rate)

2.7%
APR

Arrangement fee: £999 | Early repayment charges - 3.00% until 30.11.11, 2.00% until 30.11.12 on original 'special rate' advance [full redemption] | Non-refundable valuation fee | CHAPS Fee: £25 | Additional Borrowing - the same as St. James's Place Bank's offset variable mortgage rate.

Tell me more about offset tracker mortgages

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

Offset Fixed Rate Mortgages

With our fixed rate mortgage, you have the assurance of knowing your interest rate will stay the same for a set period.