Mortgage from Chelsea BS gets five stars | Product News - Moneyfacts

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Mortgage from Chelsea BS gets five stars

Mortgage from Chelsea BS gets five stars

Category: Mortgages
Date: 31/10/2014

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 It is now over 6 months old so the content may be out of date.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 Building Society has reduced prices on its fixed rate mortgages by up to 0.30%, pushing its two-year deal into the Moneyfacts charts and earning it a five-star rating.

The basics…

This mortgage now has a very competitive fixed rate of 1.99% until 31.1.17 at a loan-to-value (LTV) of 65%. A low fee of just £475 is payable.

The finer details…

This mortgage is available to first-time buyers, second-time buyers and remortgagors with a 35% deposit. First-time buyers and home-movers can profit from an incentive package of a £500 rebate, while those looking to remortgage can benefit from free legal fees and free valuation.

This deal offers a great deal of repayment flexibility, with overpayments, underpayments and payment holidays all permitted, subject to certain conditions being met.

Why we like it…

This is a competitive offering from Chelsea BS, and it is likely to prove popular among borrowers. The competitive rate, combined with the low fee, great incentive package and flexible repayments, mean that this mortgage earns it a place at the top of the Moneyfacts charts.

The highest accolade of five Moneyfacts Stars has been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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