RateGuard caps your existing rate without remortgaging
- Keep your current pay rate and protect it from any increases
- No credit or LTV check, a few questions and cover starts straight away
- No application, valuation, survey or arrangement fees
- Typical cover costs just £18pm per £100,000 mortgage**
It’s simple. First, you decide the highest rate you can afford to pay and we insure you against rates rising above that. If your rate (and the Bank of England/Libor rate) rises, we automatically pay the difference into your bank account a few days before your monthly mortgage is due. In other words, we do the maths, so you don’t have to.
If rates don’t rise, because you didn’t take a fixed rate, you still continue to benefit from your low rate. Either way, a cap gives you peace of mind so that you can enjoy your home without the worry of variables that can be out of your control.
Many people remortgage to manage their mortgage payments and protect themselves from rising rates by taking a fix BUT a typical remortgage costs approximately £1,498* in valuation, legal, banking and arrangement fees. RateGuard is often cheaper because we just give you protection without fees, forms or hassle. Easy!
For an exact quote or to apply for a RateGuard policy please Apply Now.