Mortgages - Capped Rate Schemes
A local trusted mortgage advisor
Capped Rate Schemes
A capped rate mortgage is a cross between a variable and fixed rate mortgage.
The interest rate will never rise above a certain rate within the specified capped rate period. If the variable mortgage rate is less than the capped rate, then the borrower is charged that variable rate.
Richard says:
A good option when rates are low as can value a tracker with a maximum rate payment, so payment cannot go above ceiling (or capped) rate.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Why Choose us?
- Independent
- Comprehensive Product Range
- Clear and impartial advice
- Established & Local
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE