Topic 23 is where things get practical — we’re diving into the different types of mortgage products and interest rate options you’ll need to know inside-out for your CeMAP exams (and future advice career).

By the end of this episode, you’ll be able to confidently compare the main types of deals, explain how they work to a client, and understand the pros and cons of each.

Here’s what we cover:

✅ Fixed Rate Mortgages – stability, predictability, and what happens when the deal ends

✅ Discounted Rates – how they’re linked to lender’s SVR and why they can look better than they really are

✅ Standard Variable Rates (SVRs) – why clients often drift onto them, and why it’s rarely a good thing

✅ Tracker & Capped Rates – how they follow the Bank of England base rate, and what protection (if any) clients get