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Chelsea slashes 90% LTV mortgage rate

Chelsea slashes 90% LTV mortgage rate

Category: Mortgages

Updated: 13/09/2013
First Published: 13/09/2013

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 It is now over 6 months old so the content may be out of date.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 cut rates across its fixed mortgage range by up to 0.75%.

The basics…

The pick of the bunch is the two-year fixed rate deal available up to 90% loan-to-value (LTV).

Offering a rate of 3.89%, this is now one of the market-leading mortgages for borrowers with a 10% deposit.

The finer details…

The generous incentive package includes a £500 rebate for house purchase customers, free valuation fees for all customers and free legal fees for those remortgaging.

This product charges a £875 fee.

Why we like it…

Although Chelsea BS's product offers the second lowest rate for a 90% LTV mortgage, its generous incentive package outweighs the difference in rate, making this deal best value for money and coming out top in the Moneyfacts Best Buys.

A stellar rating of five Moneyfacts Stars has been awarded.

What Next?

Compare the best mortgages in the market

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 Any products featured may be withdrawn by their provider or changed at any time.