Chelsea makes amends to its fixed rates

18 January 2007

Following on from the recent changes to the Bank of England Base Rate, Chelsea Building Society today announces changes to its fixed rate mortgage products.

  • All 2 year fixed rates (Standard, Buy to Let, Self Cert, Prospect and fees assisted remortgage products) to be increased by 0.40%
  • All standard 3 year fixed rates (including Helping Hand and fees assisted remortgage) to be increased by 0.10%
  • 3 year buy to let fixed rate to be increased by 0.15%
  • Standard 5 year fixed rates (including fees assisted remortgage and excluding those linked with a cashback) to be increased by 0.20%

All fixed rate end dates and corresponding Early Repayment Charges remain unchanged.

The rates on Chelsea's Tracker mortgages have increased in line with the base rate change by 0.25%.

With effect from the close of business on Friday 19 January, all existing fixed rates will be withdrawn. All new products will be available from Saturday 20 January.

A full PDF of the revised products can be requested from Chelsea's PR team on 01242 271466 or by emailing chelseacommunications@thechelsea.co.uk.

Customers wishing to find out more about Chelsea mortgages can contact their local branch or call FREE on 0800 1690033. Calls to the Society may be recorded and/or monitored for security, training and customer service purposes.

Intermediaries wishing to find out more about current products can call the Intermediary Helpline on 08456 07 07 08 or visit the Intermediary website at www.chelseaintermediary.co.uk.

Notes

  1. Chelsea Building Society has assets of £10bn and is the 6th largest building society in the UK.
  2. Full product range is also available from http://www.thechelsea.co.uk/html/mortgages/mortgages_lendingmenu.html
  3. Should you require a PDF of the mortgage product guide, please contact Vicki or Susie on 01242 271466
  4. Further information for media about the Society can be found by visiting: http://www.thechelsea.co.uk/html/media/index.html

This page must be read in conjunction with the Important Information (Mortgages), and the other mortgage product pages shown on this site.

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