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Mortgages > Capped Rate Mortgage

For those people who like to know the most they will ever have to pay each month for their mortgage, a capped rate is a popular choice.

No matter how high the mortgage rate rises your monthly expenses will not go above the capped rate - but if the rate falls so does your payments.


Capped Rate mortgages work by setting the maximum interest rate over a set period of years while at the same time allowing flexibility to reduce monthly payments should the lender’s rate fall below the capped figure.

Call Freephone 0800 023 4721 to speak to one of our advisors or complete and submit the enquiry form on the right.

   
Please remember that your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured upon it.

 

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