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3yr mortgage is Excellent

3yr mortgage is Excellent

Category: Mortgages
Date: 03/02/2017

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 It is now over 6 months old so the content may be out of date.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 amended selected fixed rate mortgages, which has seen its three-year deal reduced by 0.04%, earning it a high Moneyfacts rating in the process.

The basics…

This mortgage now boasts a rate of 1.86%, fixed to 30.4.2020, at 85% loan-to-value (LTV). It comes with a fee of £995.

The finer details…

This deal is offered to all borrowers with the necessary deposit. It comes with the option to make overpayments by lump sum or regular methods of up to 10% of the mortgage advance per year (notice required), and to make underpayments and take payment holidays provided they don't exceed the level of overpayments.

Why we like it…

The improved rate, combined with its repayment flexibility, are enough to earn this competitive offering 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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