Update from Chelsea Building Society

26 March 2008

Chelsea Building Society yesterday made adjustments to its intermediary product range in order to maintain service standards for its intermediary channel following an increase in the number of applications from brokers.

The direct product range available through the branch network and direct mortgage sales department remain unaffected.

Intermediaries will be able to access a new product range from 9am on Friday 28 March 2008. Communication of the new product details will be issued via the usual channels shortly.

Jeremy Hicks, divisional director communications at Chelsea said, “Over the last few weeks we have experienced a large increase in business levels largely as lenders are tightening their criteria. We have made the decision to temporarily withdraw our mortgage range for intermediaries, so that service levels are maintained.”

• Find out more about Chelsea’s mortgage range
  
  
• Find a Chelsea branch
  
  

Notes

• Chelsea Building Society is the UK’s 5th largest building society with assets of over £13bn
  
  
• For further information please contact:
  
  Vicki O’Connell – Media Relations Manager on 01242 271466, mobile 07774 169535
  Jeremy Hicks – Divisional Director Communications on 01242 271114, mobile 07831 149460