Mortages / Capped Rate Mortgages

The maximum rate of interest you pay is fixed for a certain period of time. If the interest rate rises above the set capped rate, your repayments will remain at the capped level. If they drop below the capped rate, your repayments will also fall in line with the lower interest rate. This type of interest rate gives a level of security should the base rate rise but also takes advantage of lower interest rates should they fall. After the deal term the interest rate will normally revert to the lender's standard variable rate. There may be financial penalties if you decide to change your mortgage during the capped rate period or even for a while after the scheme has ended.

Other Mortgages:

Select a Mortgage... Repayment Mortgages Interest Only Mortgages Variable Rate Mortgages Fixed Rate Mortgages Discounted Rate Mortgages Stepped Rate Mortgages Capped Rate Mortgages Cashback Mortgages Base Rate Tracker Mortgages Flexible Mortgages Current Account Mortgages First Time Buyers 100% and 100% Plus Mortgages Adverse Credit Self Certification Buy-To-Let Right-To-Buy Shared Ownership Shared Equity

For further information on any of our mortgages call us on 0191 268 1049, or use our Call Back Form and we'll call you at your convenience.