Capped Rate Mortgages

Advantage with capped rate mortgages are:

• You are protected from interest rises.

• You will benefit from the fall in interest rate.

Disadvantage with capped rate mortgages are:

• Lenders typically charge slightly higher rates than a fixed rate mortgage, you are effectively paying extra for the cap.

• Application fees normally apply for arranging the capped rate mortgages.

• Sometimes they carry an early redemption penalty, this effectively ties you into their standard variable rate for several years.

• Capped rate mortgages can be more expensive than fixed rate mortgages or discount mortgages.

But the wrong capped rate mortgage can cost you more ££,£££’s than it should and independent impartial advice is essential.

We are qualified independent mortgage advisors that can be trusted to give you that independent impartial advice.

Why Capped Rate Mortgages from Homesavers Mortgages?

There are lots of great deals on capped rate mortgages in the uk and Homesavers Mortgages have them ALL, we have:

• Access to ‘all’ capped rate mortgages in the uk

• Every known special offer on capped rate mortgages in the uk

• Every latest deal available on capped rate mortgages in the uk

• Plus exclusive deals through the many mortgage clubs we subscribe to

Every month we help hundreds of people, just like you find their perfect mortgage. Find out why so many people put their trust in Homesavers Mortgages.