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Therefore your interest rate may move
up or down within the ‘ceiling and ‘collar’ limits.
As with fixed rates, this type of rate may be suitable for
times with increasing interest rates. Please note that, in
most cases, the lender is likely to charge early repayment
penalties during the capped rate period.
To find out more about your mortgage options and to review
your requirements, tap in to our expertise by contacting
our consultants today. You are not in any way obliged to
proceed and we will inform you fully BEFORE proceeding with
any lenders.
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