- There were 51,193 Mortgage Approvals in September totalling £7.25 Billion
- The current Bank of England base rate is set at 0.50%
- The Average UK House Price for Quarter 3, 2011 was £166,596.70
- UK House Prices fell by -0.452% in Quarter 3, 2011
Cap and Collar Mortgage
What is a Cap and Collar Mortgage?
A cap and collar mortgage is a mortgage with a set maximum and
minimum interest rate over a given period. The Cap defines the
maximum interest rate and the Collar the minimum interest rate. The
interest rate can fluctuate between these rates for the period of
the product. E.g. Minimum rate (Collar) 5 % and maximum rate (Cap) 7
% means the interest rate can vary between 5 and 7 % over the cap
and collar mortgage term.
Monthly Amount
Monthly Payments
Total Interest Payable
100% Mortgages -
Base Rate Tracker Mortgages -
Bridging Mortgages -
Buy To Let Mortgages -
Cap & Collar Mortgages
Capped Rate Mortgages -
Cash Back Mortgages -
Deferred Interest Mortgages -
Discount Rate Mortgages -
Lifetime Mortgages
First Time Buyer Mortgages -
Fixed Rate Mortgages -
Flexible Mortgages -
Foreign Currency Mortgages -
Home Reversion Scheme
Let to Buy Mortgages -
Libor Mortgages -
Low Set Up Cost Mortgages -
Low Start Mortgages -
Negative Equity Mortgages
Self Build Mortgages -
Shared Equity Mortgages -
Shared Ownership Mortgages