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Mortgages for first time buyers

Capped rate mortgage deals


Capped rate mortgages are a type of mortgage deal that sees the interest rate rising and falling in line with the Bank of England’s base rate. However, unlike other variable rate deals, capped mortgages have an interest rate ceiling that prevents payments rising above a set amount.

This type of mortgage can be a great option for those wishing to benefit from falling interest rates without the risk involved with potential increases. Although rates could rise, the cap will prevent repayments exceeding an amount the homeowner can afford.

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Everything you
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What are the pros and cons of capped rate mortgages?


The biggest advantage of capped rate mortgages is the fact they reward homeowners when interest rates are low, without punishing them when rates increase.

Although capped rate mortgages offer security and peace of mind in the event of base rate surges from the Bank of England, they tend to offer a higher variable rate than tracker mortgages do. Capped rates are also becoming increasingly difficult to find, with many providers removing such mortgages from their offering.

How can TaylorMade help me?


Here at TaylorMade, we can help you find the best mortgage for your circumstances. Whether you’re a first time buyer, a home mover or buy-to-let investor, we’ll guide you through the whole process from application to completion.

Thinking of remortgaging?

Remortgaging allows you to switch provider or mortgage products to save you money and to suit the changing requirements of your lifestyle.

Before remortgaging, or before you decide to remortgage with your existing provider, it is essential to speak with an independent mortgage expert.

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Mortgage
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Mortgage Calculators

Our online mortgage calculators have been designed to help you with the most common mortgage questions such as ‘how much can I borrow?’ and ‘how much will it cost?’

To get a more accurate idea we recommend that you speak to one of our expert mortgage advisers.

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Why choose
us?

We compare over 70 lenders

We compare over 70 lenders to ensure you get the very best mortgage deal suited to your lifestyle. We’ve been around for a long time and we know the mortgage providers inside out.

WITH YOU EVERY STEP OF THE WAY

We offer a personal concierge service so you will meet us face to face. Our expert mortgage advisors will provide you with all the information you need to make an informed decision.

There are no hidden fees

You will never pay more than 1.95% of the mortgage balance. Our average fee is 1% and the minimum fee you will pay is £1295.

We make it quick and easy

We can get you a mortgage in as little as two weeks. We’ll help you fill out all of the forms and will never put you forward for anything you are not likely to be accepted for.

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We have a wealth of happy customers who can’t help but shout about our excellent services.

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Mr Mawhinney

Very helpful, explained everything in details I and my wife could understand.

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Very happy with the service.

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Talk to the experts


With access to the entire mortgage market, the team at TaylorMade can help you find the most suitable mortgage product for your situation.

Whether you’re a first time buyer, a self employed small business owner or a buy-to-let investor, our mortgage experts can help you get a great deal.

To learn more about our service, please get in touch with one of our expert advisers.

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Talk to us

If you're unsure and need some advice just give us a call, our expert team of advisers are available to help you choose the mortgage that is right for you.

0345 305 2540 info@taylormade-finance.co.uk

By clicking on the above link you will be leaving the regulated site of TaylorMade Finance Ltd. TaylorMade Finance Ltd is not responsible for the accuracy of the information contained within the linked site.

Where you have a complaint or dispute with us and we are unable to resolve this to your satisfaction then we are obliged to offer you the Financial Ombudsman Service to help resolve this. Please see the following link for further details: http://financial-ombudsman.org.uk

Your home may be repossessed if you do not keep up repayments on your mortgage.

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TaylorMade Finance Ltd is authorised and regulated by the Financial Conduct Authority.

The Financial Conduct Authority does not regulate Will Writing and some aspects of estate planning. Buy-to-Let Mortgages and Secured Loans.

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.