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Capped mortgages.
A capped rate mortgage puts a maximum limit on the payable
rate you have to pay. However, should the lender's standard
variable rate be below the level at which the cap is set,
you get to pay that amount.
This is a product that puts together one of the most attractive
aspects of a fixed
rate mortgage, that you know where your mortgage is
going to rise to at worst and are guaranteed it not going
any higher. It mixes it with a variable rate mortgage,
where if base rates go down, your mortgage pay rate will
follow it down.
This is where we can
help!
We can advise you on the best capped mortgage provider
and capped mortgage product for your personal requirements.
We can either provide you with a capped
mortgage quote, telephone
you to discuss your capped mortgage requirements and
even arrange a face
to face meeting in your own home or at work with a
local independent mortgage adviser.
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