Capped Mortgage

A capped rate mortgage is a product designed so you have a maximum rate that you will pay during a set period on a mortgage deal. This period is often two, three or five years in length.

During this set time the rate is as all mortgages effected by the base rate changes, moving with this rate (could possibly be linked to LIBOR, London inter bank offered rate) however it does not go over the pre set ‘capped rate’ ceiling which is set at the outset of the loan.

For more information on a capped rate mortgage or to send a general enquiry please complete the form below.

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