Capped rate mortgages prevent the interest rate from rising above a certain level. Capped rate mortgages help you avoid nasty surprises.
| Company |
Rate
 |
Period
|
Max LTV |
Fee
|
Current Rate |
Redemption | |
|---|---|---|---|---|---|---|---|
| Marsden BS | 6.49% | to 30.4.13 | 75% | £949 | Currently at 6.29% to 30.4.13 | To 30.4.13 | |
| Marsden BS | 6.79% | to 30.4.13 | 70% | £0 | Currently at 6.59% to 30.4.13 | To 30.4.13 |
This table represents all of the products available at this time. Please look at one of our other best buy charts.
Product Guide
Capped Rate Mortgages
A capped Rate Mortgage has a maximum interest rate for a given term. The interest rate you pay cannot go higher than the agreed capped rate; thus you know the maximum amount your monthly repayments could rise to. However, if the basic interest rate falls below the capped rate, repayments will also reduce.
Related Links
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