2 Year Fixed Rate Mortgage (Up to 90% loan to value)
Fixed rate peace of mind for 2 years
Looking to buy or just move your mortgage? Our fixed rate offers could be right up your street. This product is for customers who want to borrow up to 90% of their property's value.
| Initial rate | 6.69% fixed until 1 June 2010 | |
|---|---|---|
| The rate will then revert to our standard variable rate for the remainder of the mortgage term, currently | 7.24% | |
| The overall cost for comparison | 7.4% APR | |
| Arrangement fee | £995 (added to your loan unless you tell us otherwise) | |
| Legal fees | You are responsible for your own legal costs | |
| Maximum loan to value ratio | 90% | |
| Higher lending charge | Not applicable | |
| Valuation fee | This fee is variable dependent on the price of your property. More valuation fee information |
|
| Early repayment charge | 3% of the amount repaid until 1 June 2010 | |
Your home may be repossessed if you do not keep up repayments on your mortgage
All mortgage pages must be read in conjunction with the important information (mortgages) page.
Notes- The fixed rate may be withdrawn if you are more than three months late in paying any money due under the terms of the mortgage.
- If we agree to you letting the property, the fixed rate will be withdrawn and we will charge interest at our standard variable rate plus an additional 0.25%.
- Not available to existing Chelsea borrowers.
- Where the price or value of the property is greater than £250,000 the maximum loan may be restricted. Further details are available from your local branch or by calling us on 0800 345 7744.
- Applicants must be aged 18 years or over.
