Shock Caps

DAMPER CYLINDER CAP Hotshot Vintage 58047 Re Release 58391 Shock Tamiya 9808140
DAMPER CYLINDER CAP Hotshot Vintage 58047 Re Release 58391 Shock Tamiya 9808140 $0.99
Time Remaining: 13h 10m

Associated Blue Shock Cap Set
Associated Blue Shock Cap Set $9.14
Time Remaining: 23d 6h 37m
Buy It Now for only: $9.14

Losi LOSB2846 Alum Aluminum Shock Top Caps 2 1 10 Ten T 10 T New
Losi LOSB2846 Alum Aluminum Shock Top Caps 2 1 10 Ten T 10 T New $10.87
Time Remaining: 22d 15h 23m
Buy It Now for only: $10.87

LOSA5420 Losi 15mm Shock Caps Top 2 8B 8T
LOSA5420 Losi 15mm Shock Caps Top 2 8B 8T $13.87
Time Remaining: 26d 5h 49m
Buy It Now for only: $13.87

STRC STA80035BK Aluminum Shock Caps Axial Wraith
STRC STA80035BK Aluminum Shock Caps Axial Wraith $13.95
Time Remaining: 8d 1m
Buy It Now for only: $13.95

Traxxas 3767G Green Aluminum Shock Caps 4 Stampede VXL XL5 Grave Digger
Traxxas 3767G Green Aluminum Shock Caps 4 Stampede VXL XL5 Grave Digger $10.23
Time Remaining: 27d 22h 22m
Buy It Now for only: $10.23

Billet Shock Caps RED
Billet Shock Caps RED $6.99
Time Remaining: 16d 6h 34m
Buy It Now for only: $6.99

NEW Duratrax Evader EXT2 Rear Shocks Assembled Aluminum Caps EXT ST DT DTXC8981
NEW Duratrax Evader EXT2 Rear Shocks Assembled Aluminum Caps EXT ST DT DTXC8981 $7.95
Time Remaining: 21h 20m
Buy It Now for only: $8.75

Associated 6443 Bleeder Shock Caps 1 10 4 NEW SC10 2WD
Associated 6443 Bleeder Shock Caps 1 10 4 NEW SC10 2WD $5.23
Time Remaining: 26d 3h 16m
Buy It Now for only: $5.23

Traxxas 2760 Blue Aluminum Alum Shock Caps 2 Rustler VXL XL 5 XL5 New
Traxxas 2760 Blue Aluminum Alum Shock Caps 2 Rustler VXL XL 5 XL5 New $5.20
Time Remaining: 10d 2h 50m
Buy It Now for only: $5.20

Traxxas 3767 Shock Caps 2 Shock Bottoms 2 NIP
Traxxas 3767 Shock Caps 2 Shock Bottoms 2 NIP $5.48
Time Remaining: 4h 13m
Buy It Now for only: $5.48

Traxxas 3767G Green Aluminum Shock Caps 4 Slash 2WD Slash 4x4
Traxxas 3767G Green Aluminum Shock Caps 4 Slash 2WD Slash 4x4 $10.23
Time Remaining: 27d 22h 22m
Buy It Now for only: $10.23

Traxxas 3767G Green Aluminum Shock Caps 4 Rustler VXL XL5
Traxxas 3767G Green Aluminum Shock Caps 4 Rustler VXL XL5 $10.23
Time Remaining: 27d 22h 22m
Buy It Now for only: $10.23

NEW Duratrax Evader EXT2 Assembled Front Shocks Aluminum Caps EXT ST DT DTXC8980
NEW Duratrax Evader EXT2 Assembled Front Shocks Aluminum Caps EXT ST DT DTXC8980 $8.95
Time Remaining: 21h 44m
Buy It Now for only: $9.85

Dynamite DYN7915 Alum Top Shock Caps Blue Nitro Rustler
Dynamite DYN7915 Alum Top Shock Caps Blue Nitro Rustler $8.87
Time Remaining: 11d 12h 18m
Buy It Now for only: $8.87

TRAXXAS SHOCK CAPS BOTTOMS 3767
TRAXXAS SHOCK CAPS  BOTTOMS  3767 $2.00
Time Remaining: 28d 16h 44m
Buy It Now for only: $2.00

Traxxas Slash Stampede Rustler Silver Alloy Shock Caps
Traxxas Slash Stampede Rustler Silver Alloy Shock Caps $9.99
Time Remaining: 13d 8h 29m
Buy It Now for only: $9.99

Traxxas 2760 Blue Aluminum Alum Shock Caps 2 1 10 Slash 4x4 New
Traxxas 2760 Blue Aluminum Alum Shock Caps 2 1 10 Slash 4x4 New $5.20
Time Remaining: 10d 2h 50m
Buy It Now for only: $5.20

Dynamite DYN7915 Alum Top Shock Caps4 Blue Slash 4x4
Dynamite DYN7915 Alum Top Shock Caps4 Blue Slash 4x4 $8.87
Time Remaining: 11d 12h 13m
Buy It Now for only: $8.87

Traxxas Revo 33 Clutch Conversion kitblueClutch bell15 toothShock caps 2
Traxxas Revo 33 Clutch Conversion kitblueClutch bell15 toothShock caps 2 $19.50
Time Remaining: 1d 4h 14m
Buy It Now for only: $25.00

GH 02258 Alum Aluminum Shock Top Caps 2 Silver Revo 25 33 New
GH 02258 Alum Aluminum Shock Top Caps 2 Silver Revo 25  33 New $7.77
Time Remaining: 12d 2h 13m
Buy It Now for only: $7.77

Dynamite DYN7917 Aluminum Rear Shock Body Lower Caps 2 Blue Nitro Rustler New
Dynamite DYN7917 Aluminum Rear Shock Body Lower Caps 2 Blue Nitro Rustler New $5.87
Time Remaining: 26d 9h 38m
Buy It Now for only: $5.87

Bleeder Shock Caps by Fast Eddy Baja 5b 5T Black
Bleeder Shock Caps by Fast Eddy Baja 5b 5T Black $37.95
Time Remaining: 29d 9h 5m
Buy It Now for only: $37.95

Associated 1598 FT Factory Team Alum Aluminum Shock Caps 4 Blue SC10 2wd New
Associated 1598 FT Factory Team Alum Aluminum Shock Caps 4 Blue SC10 2wd New $10.08
Time Remaining: 15d 12h 33m
Buy It Now for only: $10.08

Traxxas Slash Stampede Rustler Blue Alloy Shock Caps
Traxxas Slash Stampede Rustler Blue Alloy Shock Caps $9.99
Time Remaining: 13d 7h 46m
Buy It Now for only: $9.99

Axial Scorpion Wheel Dyeable Delrin Locking Shock Caps DP301 WHITE
Axial Scorpion Wheel Dyeable Delrin Locking Shock Caps DP301 WHITE $0.99
Time Remaining: 3d 7h 55m

Dynamite DYN7916 Front Shock Body Lower Caps 2 Blue Nitro Rustler New
Dynamite DYN7916 Front Shock Body  Lower Caps 2 Blue Nitro Rustler New $5.87
Time Remaining: 27d 18h 38m
Buy It Now for only: $5.87

Associated 1598 Blue Aluminum Shock Caps 4 NEW SC10 2WD
Associated 1598 Blue Aluminum Shock Caps 4 NEW SC10 2WD $10.13
Time Remaining: 29d 22h 23m
Buy It Now for only: $10.13

Billet Shock Caps PURPLE
Billet Shock Caps PURPLE $6.99
Time Remaining: 27d 5h 48m
Buy It Now for only: $6.99

Dynamite DYN7915 Alum Top Shock Caps4 Blue 2wd Slash
Dynamite DYN7915 Alum Top Shock Caps4 Blue 2wd Slash $8.87
Time Remaining: 28d 6h 47m
Buy It Now for only: $8.87

STRC Aluminum Shock Cap ST2267GM Slash Stampede
STRC Aluminum Shock Cap ST2267GM Slash Stampede $10.66
Time Remaining: 7d 23h 54m
Buy It Now for only: $10.66

Traxxas 14mm Blue Aluminum Shock Caps 2pcs TRA2760
Traxxas 14mm Blue Aluminum Shock Caps 2pcs TRA2760 $5.49
Time Remaining: 23d 6h 3m
Buy It Now for only: $5.49

Original Vintage Tamiya Bruiser Mountaineer shocks with caps
Original Vintage Tamiya Bruiser Mountaineer shocks with caps $19.99
Time Remaining: 4d 2h 9m
Buy It Now for only: $30.00

Losi LOSB2846 Alum Aluminum Shock Top Caps 2 1 10 Ten SCTE New
Losi LOSB2846 Alum Aluminum Shock Top Caps 2 1 10 Ten SCTE New $10.87
Time Remaining: 11d 12h 13m
Buy It Now for only: $10.87

Traxxas 2760 Aluminum Shock Caps Rustler Stampede Bandit Slash 2WD Slash 4X4
Traxxas 2760 Aluminum Shock Caps Rustler Stampede Bandit Slash 2WD Slash 4X4 $4.97
Time Remaining: 28d 3h 22m
Buy It Now for only: $4.97

Traxxas REVO GTR Shock Caps Spring Retainers
Traxxas REVO GTR Shock Caps  Spring Retainers $3.77
Time Remaining: 1d 2h 8m
Buy It Now for only: $3.77

Dynamite DYN7915 Alum Top Shock Caps 4 Blue Bandit XL 5
Dynamite DYN7915 Alum Top Shock Caps 4 Blue Bandit XL 5 $8.87
Time Remaining: 11d 13h 32m
Buy It Now for only: $8.87

Axial XR10 black CNC aluminum shock caps spring retainers and adjusters AXR15601
Axial XR10 black CNC aluminum shock caps spring retainers and adjusters AXR15601 $18.88
Time Remaining: 9d 16h 40m
Buy It Now for only: $18.88

Team Losi Shock Body And Cap Set Gold LST 2 XXL LOSB2808 Brand New
Team Losi Shock Body And Cap Set Gold LST 2 XXL LOSB2808 Brand New $0.99 (1 Bid)
Time Remaining: 4d 4h 9m

Traxxas 5465 GTR Shock Caps Spring Retainers Adjusters Bottoms 1 10 Summit
Traxxas 5465 GTR Shock Caps Spring Retainers Adjusters Bottoms 1 10 Summit $4.05
Time Remaining: 19d 13h 13m
Buy It Now for only: $4.05

Traxxas 3767X Red Aluminum Shock Caps 4 Slash 4x4
Traxxas 3767X Red Aluminum Shock Caps 4 Slash 4x4 $9.73
Time Remaining: 23d 5m
Buy It Now for only: $9.73

Dynamite DYN7915 Alu Top Shock Caps 2 Blue Stampede VXL
Dynamite DYN7915 Alu Top Shock Caps 2 Blue Stampede VXL $8.87
Time Remaining: 11d 12h 13m
Buy It Now for only: $8.87

Associated 1598 FT Factory Team Shock Caps 4 Blue Alum Aluminum RC10 T41 T4
Associated 1598 FT Factory Team Shock Caps 4 Blue Alum Aluminum RC10 T41 T4 $10.08
Time Remaining: 3d 8h 13m
Buy It Now for only: $10.08

NEW Associated Shock Caps 16mm 2 89335 NIB
NEW Associated Shock Caps 16mm 2 89335 NIB $17.29
Time Remaining: 17d 2h 4m
Buy It Now for only: $17.29

T4 sc10 team blue front shocks with bledder caps
T4 sc10 team blue front shocks with bledder caps $0.99 (1 Bid)
Time Remaining: 4d 8h 6m

Traxxas Shock Caps and Bottoms 3767
Traxxas Shock Caps and Bottoms 3767 $2.89
Time Remaining: 29d 17h 10m
Buy It Now for only: $2.89

Associated 6443 Bleeder Shock Caps 4 Black SC10 2wd New
Associated 6443 Bleeder Shock Caps 4 Black SC10 2wd New $5.37
Time Remaining: 22d 1h 58m
Buy It Now for only: $5.37

Associated 1598 Shock Cap Blue Aluminum 4
Associated 1598 Shock Cap Blue Aluminum 4 $10.25
Time Remaining: 28d 16h 18m
Buy It Now for only: $10.25

NEW Traxxas Aluminum Shock Caps Red Slash Rustler 3767X
NEW Traxxas Aluminum Shock Caps Red Slash Rustler 3767X $10.29
Time Remaining: 3d 5h 4m
Buy It Now for only: $10.29

Traxxas Big Bore Aluminum Shock Caps 2 ea 2667
Traxxas Big Bore Aluminum Shock Caps 2 ea  2667 $5.40
Time Remaining: 5d 8h 34m
Buy It Now for only: $5.40

Brand New Shock Spring Bottom Caps 4 Losi 8ight Buggy T 4pcs
Brand New Shock Spring Bottom Caps 4 Losi 8ight Buggy T 4pcs $4.99
Time Remaining: 4d 9h 42m

STRC CNC MACHINED ALUMINUM SHOCK CAPS 4 PEICES FOR TEN SCTE RED STRSTLB2904S
STRC CNC MACHINED ALUMINUM SHOCK CAPS 4 PEICES FOR TEN SCTE RED STRSTLB2904S $19.99
Time Remaining: 20d 17h 20m
Buy It Now for only: $19.99

Ofna Aluminum Shock Caps Long OFN40093
Ofna Aluminum Shock Caps Long OFN40093 $11.95
Time Remaining: 23d 5h 39m
Buy It Now for only: $11.95

Associated RC10 B4 or T4 shock bleeder caps B44
Associated RC10 B4 or T4 shock bleeder caps  B44 $6.25
Time Remaining: 22d 3h 44m
Buy It Now for only: $6.25

FAST SHIP Axial XR10 black aluminum shock caps AXR15601
FAST SHIP Axial XR10 black aluminum shock caps AXR15601 $18.88
Time Remaining: 9d 16h 40m
Buy It Now for only: $18.88

Losi LOSA5420 15 mm 15mm Top Shock Caps 2 8ight 20 Buggy 8B New
Losi LOSA5420 15 mm 15mm Top Shock Caps 2 8ight  20 Buggy 8B New $13.47
Time Remaining: 25d 13h 42m
Buy It Now for only: $13.47

Dynamite DYN7917 Aluminum Rear Shock Body Lower Caps 2 Blue Stampede 4x4 New
Dynamite DYN7917 Aluminum Rear Shock Body Lower Caps 2 Blue Stampede 4x4 New $5.87
Time Remaining: 26d 10h 43m
Buy It Now for only: $5.87

Traxxas 2667 Alum Shock Caps 2 T Maxx E Maxx Slash Rustler Stampede Other NEW
Traxxas 2667 Alum Shock Caps 2 T Maxx E Maxx Slash Rustler Stampede Other NEW $4.99
Time Remaining: 4d 11h 27m

STRC Aluminum Shock Caps BU Losi Ten SCTE
STRC Aluminum Shock Caps BU Losi Ten SCTE $16.41
Time Remaining: 5d 4h 21m
Buy It Now for only: $16.41

Associated FT Alum Shock Caps 1598 B41 SC10
Associated FT Alum Shock Caps 1598 B41 SC10 $11.20
Time Remaining: 21d 23h 33m
Buy It Now for only: $11.20

Associated 6441 Molded Shock Caps 4 RC10 GT2 New
Associated 6441 Molded Shock Caps 4 RC10 GT2 New $3.39
Time Remaining: 16d 10h 33m
Buy It Now for only: $3.39

Team Associated Bleeder Shock Caps 1 10 4 6443
Team Associated Bleeder Shock Caps 1 10 4 6443 $5.60
Time Remaining: 17d 7h 13m
Buy It Now for only: $5.60

ST Racing Blue Aluminum Shock Caps for Traxxas Big Bore Shocks 4 ST2267B
ST Racing Blue Aluminum Shock Caps for Traxxas Big Bore Shocks 4  ST2267B $11.49
Time Remaining: 29d 11h 24m
Buy It Now for only: $11.49

Traxxas 2667 Alum Shock Caps 2 T Maxx E Maxx Slash Rustler Stampede Other NEW
Traxxas 2667 Alum Shock Caps 2 T Maxx E Maxx Slash Rustler Stampede Other NEW $4.99
Time Remaining: 4d 11h 28m

Traxxas Cap Spring Retainers Gtr Shocks 5465
Traxxas Cap  Spring Retainers Gtr Shocks 5465 $4.37
Time Remaining: 28d 19h 5m
Buy It Now for only: $4.37

Losi LOSA5420 15mm 15 mm Top Shock Caps 2 8ight 8ight T New
Losi LOSA5420 15mm 15 mm Top Shock Caps 2 8ight  8ight T New $13.87
Time Remaining: 15d 5h 18m
Buy It Now for only: $13.87

DYNAMITE DYN7933 ALUM SHOCK BODY CAP COMBO BLUE SLASH
DYNAMITE DYN7933 ALUM SHOCK BODY CAP COMBO BLUE SLASH $29.40
Time Remaining: 15d 9h 11m
Buy It Now for only: $29.40

OFNA Z10 ALUMINUM SHOCK CAPS 37090
OFNA Z10 ALUMINUM SHOCK CAPS  37090 $5.25
Time Remaining: 13d 9h 42m
Buy It Now for only: $5.25

Traxxas Slash Stampede Rustler Red Alloy Shock Caps
Traxxas Slash Stampede Rustler Red Alloy Shock Caps $9.99
Time Remaining: 23d 4h 31m
Buy It Now for only: $9.99

TRAXXAS ALLOY SHOCK CAPS X3 PACKS NEW 2667
TRAXXAS ALLOY SHOCK CAPS X3 PACKS NEW 2667 $7.06
Time Remaining: 2d 3h

STRC Aluminum Shock Cap ST2267B Traxxas Slash Stampede
STRC Aluminum Shock Cap ST2267B Traxxas Slash Stampede $10.66
Time Remaining: 21d 2h 34m
Buy It Now for only: $10.66

Dynamite DYN7915 Alum Top Shock Caps Blue Stampede 4x4
Dynamite DYN7915 Alum Top Shock Caps Blue Stampede 4x4 $8.87
Time Remaining: 28d 6h 48m
Buy It Now for only: $8.87

Traxxas 2760 Blue Aluminum Alum Shock Caps 2 1 10 Slash 2wd New
Traxxas 2760 Blue Aluminum Alum Shock Caps 2 1 10 Slash 2wd New $5.20
Time Remaining: 10d 2h 50m
Buy It Now for only: $5.20

NEW Thunder Tiger Shock Cap Bottom S Hawk XXT PD8091 NIB
NEW Thunder Tiger Shock Cap Bottom S Hawk XXT PD8091 NIB $2.19
Time Remaining: 5d 3h 10m
Buy It Now for only: $2.19

Traxxas 2760 Shock Caps Aluminum 2 Slash 4x4 Nitro Rustler Stampede
Traxxas 2760 Shock Caps Aluminum 2 Slash 4x4 Nitro Rustler Stampede $4.99
Time Remaining: 26d 5h 39m
Buy It Now for only: $4.99

Traxxas Aluminum Shock Caps Part 2760
Traxxas Aluminum Shock Caps Part  2760 $6.00
Time Remaining: 2d 22h 24m
Buy It Now for only: $12.00

STRC STA80035GM Aluminum Shock Caps Axial Wraith
STRC STA80035GM Aluminum Shock Caps Axial Wraith $13.95
Time Remaining: 8d 2m
Buy It Now for only: $13.95

Revo Blue Shock Damper Spring bottom cap by 3racing RE 001 BU
Revo Blue Shock Damper Spring bottom cap by 3racing RE 001 BU $10.99
Time Remaining: 29d 1h 49m
Buy It Now for only: $10.99

7065 GTR Shock Caps Retainers MINI REVO MINI SLASH
7065 GTR Shock Caps  Retainers MINI REVO MINI SLASH $4.70
Time Remaining: 5d 8h 33m
Buy It Now for only: $4.70

Dynamite DYN7915 Blue Aluminum Ultra Shocks Top Caps4
Dynamite DYN7915 Blue Aluminum Ultra Shocks Top Caps4 $8.87
Time Remaining: 11d 13h 12m
Buy It Now for only: $8.87

Ballistic Fabrications Faux Piggyback Shock Cap Black
Ballistic Fabrications Faux Piggyback Shock Cap Black $13.00
Time Remaining: 14d 8h 23m
Buy It Now for only: $13.00

Shock Caps

Is a Capped Rate Mortgage Right for You?

The first two considerations you have when arranging a mortgage are what type of mortgage rate is required along with how the mortgage will be repaid. The following article looks at the different mortgage rate options such as fixed rates, discounted rates, capped, variable and tracker rates, along with the main advantages and disadvantages for each option.

When considering which type of mortgage product is suitable for your needs, it pays to consider your attitude to risk, as those with a cautious attitude to risk may find a fixed or capped rate more appropriate, whereas those with a more adventurous attitude to risk may find a tracker rate that fluctuates up and down more appealing.

Following is a description of the different mortgage rate options along with a summary of the main advantages and disadvantages for each option.

Fixed Rate Mortgages

With a fixed rate mortgage you can lock into a fixed repayment cost that will not fluctuate up or down with movements in the Bank of England base rate, or the lenders Standard Variable Rate. The most popular fixed rate mortgages are 2, 3 and 5 year fixed rates, but fixed rates of between 10 years and 30 years are now more common at reasonable rates. As a general rule of thumb, the longer the fixed rate period the higher the interest rate. This is also applicable when considering the percentage loan to value, where borrowing below 75% of the property value will attract a lower fixed rate in comparison to an 85% or 90% loan to value which will attract a higher fixed rate percentage.

Advantages

Having the peace of mind that your mortgage payment will not rise with increases in the base rate. This makes budgeting easier for the fixed rate period selected, and can be advantageous to first time buyers or those stretching themselves to the maximum affordable payment.

Disadvantages

The monthly repayment will remain the same even when the economic environment sees the Bank of England and lenders reducing their base rates. In these circumstances where the fixed rate ends up costing more, remembering why the initial decision was made to select a fixed rate, can be helpful.

Discount Rate Mortgages

With a discount rate mortgage, you are offered a percentage off of the lenders Standard Variable Rate (SVR). This takes the form of a reduction in the normal variable interest rate by say, 1.5% for a year or two. The common mistake of those considering a discount rate, is to assume the higher the percentage discount offered, the better the deal. The key bit of information missing however, is what the lenders SVR is, as this will dictate the actual pay rate after the discount is applied.

As with a fixed rate, the longer the discount rate period the smaller the discount offered, and the higher the rate. Shorter periods such as 2 years will attract the highest levels of discount. In addition when considering the amount to be borrowed, the increased risk to the lender of providing a 90% loan will be reflected in the pay rate, with lower borrowing amounts attracting more competitive rates.

Advantages

Should the lender reduce their standard variable rate your interest rate and monthly payment will also reduce.

Disadvantages

When the lender or Bank of England increases their base rate, your mortgage payment will also increase. However in some circumstances lenders do not always pass on the full amount of a Bank of England base rate reduction.

Affordability of the mortgage at the end of the discount rate period should be considered at outset. There are no guarantees that follow on rates will be available, and so you should make certain that you are able to afford the monthly payment at the lenders standard variable applicable upon expiry of the discount rate period. Allowing for an increase in interest rates above the SVR would be prudent to avoid a 'Payment shock'.

Tracker Rate Mortgages

Tracker rate mortgages guarantee to follow the Bank of England base rate when it moves up or down. Tracker rates are expressed as a percentage above or below the Bank of England base rate such at +0.5% over BOE base rate for 2 years.

The most popular tracker rate mortgages have been 2 and 3 year products, but there is now an increasing demand for lifetime tracker rates as borrowers are starting to realise that the Bank of England base rate has been reasonable competitive, and having a mortgage product linked to it could be beneficial in the long term.

Advantages

A tracker rate guarantees to follow the Bank of England base rate for however long the tracker rate is set up for. This means that as soon as the Bank of England cuts rates, a tracker rate mortgage guarantees to reflect the new lower rate and repayment.

The overall cost calculation of a Lifetime tracker rate can be significantly lower than taking shorter term mortgage products with the ongoing costs of remortgaging such as valuation fees, legal fee and lender arrangement fees. Lifetime tracker rates often have no early repayment penalty restrictions.

Disadvantages

The mortgage payment will go up if the Bank of England increases the base rate. Early repayment charges are likely to be applicable during the benefit period, and as with other types of mortgage rate are likely to be 6 months interest or 3% - 5% of the loan.

Variable Rate Mortgages

Variable rate mortgages are more commonly known as the lenders Standard Variable Rate (SVR), and are the rate that you come onto after the expiry of a fixed, discounted, tracker or capped rate mortgage. A variable rate is similar to a tracker rate in as much as the lender will base their SVR on the Bank of England base rate plus a loading of between say 2.5% and 3.5%. That is where the similarity ends however.

Advantages

The main advantage of being on the lenders Standard Variable Rate (SVR) is that there will be no early repayment charge for redeeming the loan in full. This provides a certain amount of flexibility when there is uncertainty in the market about where rates are moving. For those wishing to fix their mortgage rate, an SVR with no early repayment charge can provide the breathing space required to just wait and see before committing.

Whilst not always the case lenders do tend to pass on reductions in the Bank of England base rate through their SVR, and so those on the SVR will benefit from a reduction in the mortgage payment.

Disadvantages

Generally the SVR will be a higher rate of interest and so your mortgage payment will be greater than if you were on a tracker rate, fixed rate or discounted rate mortgage product. In addition, as has been seen in the past, some lenders do not pass on any or all of a reduction in the Bank of England base rate which results in a higher monthly payment in comparison to other mortgage options.

Capped Rate Mortgages

The capped rate is a variable rate mortgage which has a fixed limit to how far the interest rate can increase (the cap), and provides the option to know the maximum level of mortgage payment from outset. Capped rate mortgages offer the best of both worlds for those with a cautious attitude to risk, but who still wish to benefit from interest rate reductions. For example if the cap is set at 6% and the banks rates go below this rate, then your repayments will go down to reflect the reduction, with the guarantee that should rates go above the 6%, your payments will remain based on the maximum 6% because of the cap.

Advantages

If the Bank of England base rate falls resulting in a fall in the lenders standard variable rate below the level of the capped rate, then your monthly repayment will reduce. For many this provides the peace of mind and certainty for ease of budgeting offered by a know maximum monthly payment.

Disadvantages

Because a capped rate offers the best of both worlds to the borrower, the capped rate is usually uncompetitive as lenders need to price in the risk of rate reductions, leaving those such as first time buyers or those stretching their affordability, exposed to a higher rate than would be available with a fixed rate. This means that UK lenders generally don't offer capped rate mortgages with any sort of competitive rate, preferring to market fixed rates instead.

About the Author

For independent, impartial advice about Mortgage Rates and Equity Release Schemes contact Jerry Figueroa-Lee co-founder of The Mortgage Warehouse.

Welcome to Toys Online Store. we have a great variety of Shock Caps for you to choose from below, and if you don"t find any Shock Caps products you were looking for, have a look around the site and bookmark us and come back latter on as we add more products on Shock Capss everyday. Either way I hope you find the right Shock Caps for a great price.