| This type of mortgage has to meet certain Government
standards for Charges, Access and Terms. It is
a simple, clear mortgage with straightforward terms.
The interest rate is based on the lenders variable rate and is
guaranteed not to exceed the Bank of England Base Rate by a certain
percentage depending on the loan to value you have.
It is important to remember that just because this type of mortgage
meets with CAT standards that it will be suitable
for your needs. Your adviser will provide more information on how
CAT standard mortgages work.
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