Capped Rate Remortgages
Capped Rate Remortgages - Capped rate remortgages are remortgages with a capped interest rate. In most cases, capped rate remortgages apply a cap on lenders' standard variable rates, however some lenders offer the ability for borrowers to place a cap on tracker rates too. Lenders may apply a collar, which is a lower limit to the remortgage. One advantage of taking out capped rate remortgages is that they can strike a compromise between fixed rates and variable rates. Capped rate remortgages can allow borrowers to benefit from fluctuations in rates, in addition to having protection against extremely high rates. The cap on capped rate remortgages lasts for a period agreed between the borrower and lender.
Our advisers at Capital Fortune will fully guide and assist clients seeking capped rate remortgages throughout the application process - from initial enquiry to finalisation. We offer a customer first approach to our clients, enabling us to tailor the capped rate remortgages we find for you to your needs. As an independent, comprehensive panel broker, Capital Fortune is not tied to any particular lender. This allows us to secure our clients some of the most suitable capped rate remortgages available.
Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.