Chelsea BS has launched a new three year fixed rate mortgage that will likely catch the eye of buyers with a 25% deposit.
The New Fixed Rate Mortgage offers a rate of 3.29% until 31 December 2013 on a maximum loan-to-value of 75%.
It includes a very competitive fee of £995 and comes with incentives of free valuation or free legal fees for those remortgaging.
The rate of 3.29% enters the market in line with the current lowest rate available at 75%, but offers a much lower fee of £995.
With incentives of a free valuation and for remortgages free legal fees, this product provides excellent value for money for those opting for a three year fixed rate mortgage.
Five out of five Moneyfacts stars have been awarded.
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