Chelsea cuts fixed mortgage rates


Chelsea Building Society has announced it is now offering its ten-year fixed-rate mortgage at an interest of 3.99 per cent.
The financial services provider has also cut its five, six and seven-year products to 3.69 per cent, with changes coming into effect today (Friday, August 26th).
All of these mortgages have a loan-to-value (LTV) ratio of 70 per cent and are available across “all channels”.
In terms of fees, the five, six and seven-year mortgages cost £195 to process, while the ten-year product has a charge of £1,495.
Chris Smith, direct mortgage manager at Chelsea Building Society, said: “The five, six, seven mortgage has proved extremely successful since we launched this new product a month ago.
“The seven-year option was unique when we launched it and has been the most popular – more customers have chosen this from the choice of the three terms, so we are responding to that demand for longer term fixes by reducing the rates on the ten-year product.”

Get the Best Rates from Local Mortgage Advisers Now!

Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Find the Best Rates from Local Mortgage Advisers!
Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Powered by Bark

Close
100% secure