Chelsea BS has launched a new two-year variable tracker rate mortgage, which boasts the lowest rate for its terms. As a result, it has deservedly earned a high Moneyfacts rating.
This mortgage has a highly competitive variable rate of 1.15% (base rate + 0.90% for 25 months; collared at 1.15%) to 30.04.2019. It is available at 65% loan-to-value (LTV) and has a fee of £995.
This deal is offered to all borrowers with the necessary deposit. It comes with the flexibility to make overpayments and underpayments, as well as take payment holidays, provided certain conditions are met.
This mortgage's top rate, in combination with its flexibility, is more than enough to earn it a high rating.
Moneyfacts rating: Excellent
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