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.
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.
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.
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.
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