Chelsea fixed-rate mortgage range reviewed
www.moneynews.co.uk > Mortgages > Chelsea fixed-rate mortgage range reviewed
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Money News |
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Chelsea fixed-rate mortgage range reviewed
Tue 31st Jan 2006
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Rates on the Chelsea fixed-rate two-year deal will stay at 4.55 per cent but there will be a three per cent early repayment charge and customers will not receive free standard legal fees.
The same applies to the Chelsea fixed-rate two-year tracker mortgage.
Meanwhile, the three-year product also has a three per cent early repayment charge but borrowers will receive free standard legal fees. Its rate stands at 4.75 per cent.
Finally, the Chelsea fixed-rate five-year mortgage now has an early repayment charge of five per cent for the first five years of the term.
However, the rate remains at 4.85 per cent and customers will receive free standard legal fees.
All of the above mortgages have a maximum loan to value of 95 per cent and borrowers can request up to £500,000.
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