A Capped Rate Mortgage is a mortgage where a ceiling rate or upper
limit is set on your payments for a specified period of time. Your interest
rate will not be fixed, and may fluctuate up or down, but will never rise
above a predefined interest rate cap limit during the deal period. The benefit
is that an upper limit will be set on your mortgage payments for a specified
period of time - this will provide peace of mind and allows for effective
budgeting of your mortgage finances (you will know the maximum you
will have to pay for a period of time). An added benefit (over fixed rate
mortgages) is that should interest rates fall, your rate and hence your
payments will fall also.
The
aim of this service is to introduce UK homebuyers to Independent
Advice on mortgages. With such a large number of mortgages
available, it is important to obtain Independent advice from a qualified
adviser who will work for you, not for any one lender. Your
adviser may be able to provide you with a "Mortgage Agreement
In Principle" - in as little as 24 hours!
We
Believe the Best Advice is Independent Advice
Mortgage.gb
(UK) introduces to the Park Row group of companies and other strategic
(independent) advice partners. The Park Row group includes Park Row
Associates Limited, an Independent Financial Adviser who are authorised
and regulated by the Financial Services Authority and Park Row Associates
Ltd who are registered with the Mortgage Code Compliance Board.
Our
other strategic partners have been selected to compliment our association
with Park Row. It will be clear to you which of our partners will
deal with your request at the earliest possible stage
The aim of this service is to introduce people like yourself to an independent mortgage adviser, who can either advise and recommend a specific mortgage deal for you (based on your needs / circumstances) or can offer detailed information on suitable products to help you select the most appropriate mortgage deal available to meet your needs.
The
key to our service is independence. The adviser that you will be introduced to will be fully independent, and as such will review the whole UK mortgage
market to give you the best advice and access to some exclusive deals.
You are under no obligation to proceed.
You
will be instantly notified by e-mail of any additional information
required, using an easy to complete mortgage questionnaire form.
All information will be contained on a secure server, and will remain
confidential between you and your adviser.
We like people to remain in control, so the preferred methods of contact are both phone and e-mail. It can be arranged that an adviser can come to see you in person at your request, but find that most clients prefer to work remotely.
Once
the adviser has obtained the information they require to find you
the most appropriate deal, he / she will source from the entire UK
market using in-house regularly updated mortgage sourcing software.
He / she can e-mail or post recommended product illustrations for
you to look over (or may be available to provide a face-to-face advice
appointment with you).
We
believe the Best Advice is 'Independent' Advice!
Your
home may be repossessed if you do not keep up repayments on your mortgage.
"A
fee may be payable for mortgage advice, depending on your circumstances,
of up to 1% of the loan amount."
