Chelsea Building Society has launched a highly competitive two-year fixed rate mortgage, available to borrowers with deposits of 40% and over.
This mortgage offers a rate of 1.99% to 30.4.15 and has a maximum loan-to-value of 60%.
Mortgage advances range between £25,001 and £5 million for purchase and remortgage borrowers. An arrangement fee of £995 is payable.
Overpayments of up to 10% of the mortgage advance can be made per year, subject to advance notice.
Chelsea Building Society leads the two-year fixed mortgage market with this attractive rate aimed at borrowers with large deposits. Five out of five Moneyfacts stars have been awarded.
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