Call our Mortgage Brokers 01727 845500

Call our Lonsdale mortgage advisers now on 01727 845500 for quality mortgage advice

Capped Rate Mortgages

What is a capped rate mortgage?

Capped rate mortgages are a type of variable mortgage, as although your mortgage payment is guaranteed not to go above a certain level, you can benefit from lower mortgage payments when your lender’s Standard Variable Rate (SVR) is reduced.

Is a capped rate mortgage right for you?

Is a capped rate mortgage right for you – review the advantages and disadvantages below.

For a personalised recommendation call our St Albans mortgage advisers today on 01727 845500.

Advantages with capped rate mortgages

  • A capped rate mortgage gives you security because you are protected if interest rates rise over a certain level
  • It is easier to budget because you know the maximum mortgage repayment you will make
  • If your lender cuts their SVR your mortgage repayment rate will also reduce

Book a consultation

Save time and call our Lonsdale mortgage adviser on 01727 845500 for an initial no obligation mortgage review. Or complete our mortgage enquiry form and get the right mortgage for your situation.


You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Disadvantages with capped rate mortgages

  • The rate you pay for a capped rate mortgage is often higher than other mortgage products.
  • Early repayment charges apply.
  • The capped rate normally only lasts for a short period then the mortgage returns to the lenders SVR.

Always superb to deal with - would recommend without hesitation.”

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