Chelsea BS unleashes market-leading mortgage | Product News - Moneyfacts

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Chelsea BS unleashes market-leading mortgage

Chelsea BS unleashes market-leading mortgage

Category: Mortgages
Date: 12/04/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The three-year fixed rate mortgage market has been shaken up with the launch of this deal from Chelsea Building Society.

The basics…

Offering a rate of 1.99% to 31.7.16, this mortgage has a maximum loan-to-value of 60%.

The finer details….

Advances range between £25,001 and £5 million for purchase and remortgage customers.

A fee of £1,675 applies, of which £130 must be paid upfront.

This deal also benefits from a range of flexible features such as overpayments, underpayments and payment holidays.

Why we like it….

This new deal offers the lowest rate in the medium-term fixed rate mortgage market and should appeal to borrowers with large deposits of 40% and over. Five out of five Moneyfacts Stars have been awarded.

What next?

Compare 3 year fixed rate mortgages
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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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