Capital Rest Period

This is to do with the regularity with which the Lender calculates the outstanding balance on any given mortgage and hence the size of the monthly repayments. This figure is normally calculated annually monthly or...

Capped Rate

The rate of interest your lender agrees will be the maximum during a specified period of time. This is period of time is often the first 1-3 years of the mortgage starting but it can be for...

Capped Rate Mortgage

A Mortgage product that has a capped rate applied therefore the interest will have a maximum it can be during a specified period of time. During the capped rate period the interest rate can fall below the capped rate but will never rise above...

Cash Back Mortgage

A mortgage where the lender will refund back a sum of money to the borrower. This will normally be refunded back on completion and will either be a percentage of the load or a flat figure and normally means the borrow is tied in either to a duration rate or...