Intelligent Finance started in 2000. It is a division of Halifax plc, and it offers a range of banking services available over the phone or online. Halifax is part of HBOS group along with the Bank of Scotland.

Intelligent Finance offers the following types of mortgages:

Offset Mortgages
Tracker Rate Mortgages
Fixed Rate Mortgages

Offset Tracker Rate: your starting rate tracks the Bank of England Base Rate and is set above it for an agreed period. The rate set will also depend on which tracker product you choose and the amount you want to borrow. After the tracker period is over your mortgage will go back to the Intelligent Finance standard variable rate.

There are no early repayment charges
An arrangement fee is applicable
You can make overpayments when you want
Interest is calculated on a daily basis
The offset feature of this mortgage allows you to link your mortgage to your current and savings accounts. Your mortgage balance is offset against the interest on your savings and current accounts. The amount you can offset is unrestricted.
You can also apply for an offset fixed rate mortgage. The initial rate is fixed for 3 years and then goes back to the Intelligent Finance standard variable rate
All offset mortgages are portable

Tracker Rate: your initial rate tracks the Bank of England Base Rate and is set above it for an agreed interval. The rate will also depend on which tracker product you choose and the amount you want to borrow. After the tracker period is over your mortgage will go back to the Intelligent Finance standard variable rate.

There are no early repayment charges
An arrangement fee is applicable
All tracker mortgages are portable
Interest is calculated daily

Fixed Rate: you start with a rate that is fixed for an agreed period. After the fixed period your mortgage will relapse to the Intelligent Finance standard variable rate.

Early repayment charges are applicable
An arrangement fee is applicable
All fixed mortgages are portable
Interest is calculated daily