New Chelsea Buy-to-let Lifetime Tracker among changes
www.moneynews.co.uk > Mortgages > New Chelsea Buy-to-let Lifetime Tracker among changes
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New Chelsea Buy-to-let Lifetime Tracker among changes
Fri 3rd Mar 2006
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Changes include a reduction of rates on the company's fixed-rate prime and non-conforming deals as well as the opening of a non-conforming self-certification mortgage.
A five-year tracker flexible package has also been launched as the company attempts to design a more focused range of offers.
The array of deals with which borrowers are offered in the current market can prove "bewildering", according to Andy Paddock, mortgage product development manager at Chelsea, and the lender's changes are intended to be "customer-friendly".
"Our focused range, coupled with our lending criteria creates an attractive offering. We believe this really is a case of less is more," he commented.
The Chelsea Buy-to-Let Lifetime Tracker mortgage and other new offers have an arrangement fee which can be added to the loan and an administration fee of £95, to be paid at the time of application.
Related News : Mortgages |
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