2 Year Fixed Rate Mortgage % fee (Up to 90% loan to value)

Fixed rate peace of mind with a lower rate but a fee that varies depending on the amount you borrow
Looking to buy a new home 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.

New purchase or remortgage
Initial rate 6.19% 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 7.3% APR
Arrangement fee 2.5% of the loan subject to a minimum of £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
  1. There is an arrangement fee of 2.5% of the loan amount subject to a minimum of £995. For example, on a mortgage of £130,000 the fee would be £3,250. This fee will be added to the loan or you can pay it separately. Interest will be payable on fees added to the loan.
  2. The fixed rate may be withdrawn if you are more than three months late in paying any money due under the terms of the mortgage.
  3. If we agree to you letting the property, the fixed rate will be withdrawn and we will charge interest at our standard variable rate plus an additional 0.25%.
  4. Not available to existing Chelsea borrowers.
  5. 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.
  6. Applicants must be aged 18 years or over.