Business Offset Service

Your business funds could cut your personal mortgage

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

How would you like to reduce the amount of interest you pay on your personal mortgage? Or even pay it off early? With the Business Offset Service from The Royal Bank of Scotland, it's possible.


How we could save you money

It's simple. The interest you pay on your personal mortgage is usually higher than the interest paid on funds in your business accounts.

Our Business Offset Service stops paying interest on your Business Current Account and Business Instant Access Reserve.

But in return, you won't pay interest on the equivalent amount of your personal Offset Flexible Mortgage. And this could save you money.

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Your business

You need to be in business as a sole trader or simple partnership.

Sole trader? The mortgage can be in your name or in joint names between yourself and one other person.

Simple Partnership? All the accounts you include must be in the name of the business partners.

Your business accounts and your mortgage

You can offset the balances in a Business Current Account and up to three Business Instant Access Reserve savings accounts against your personal Offset Flexible Mortgage balance.

Your business and personal accounts remain separate and you manage and spend your money as usual.

You can add or remove accounts from the Business Offset Service at any time.

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