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Fixed and Capped-The same?

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moh877
moh877 Posts: 5 Forumite
in Mortgages & endowments
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  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    the difference I suppose is that in the mortgage market , the underlying variable rate attached to a capped rates ( ie if rates fall) is now often one that is clearly indentifiable
    ( ie tracked to BoE base , or at least to a lenders SVR) is the same applied to engery
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
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