Capped

With a capped rate mortgage, you pay the lender's SVR but if rates rise to a certain level then your repayments are 'capped' until they fall away again. 

This is a good way of benefiting from reductions in rates, while at the same time protecting yourself against any large rises. However, these deals are generally relatively uncompetitive as being on the SVR means higher payments than you could find with other products.

Simply complete the enquiry form, and let a specialist broker do all the shopping around for you and provide you with a no obligation quote.