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Chelsea’s excellent 2yr tracker mortgage

Chelsea’s excellent 2yr tracker mortgage

Category: Mortgages
Date: 01/03/2017

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

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.

The finer details…

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.

Why we like it…

This mortgage's top rate, in combination with its flexibility, is more than enough to earn it a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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