Coronavirus (COVID-19) information : We’re updating our site regularly with information you may need.Find out more and check updates
Please note our telephone lines are open 9am-5pm Monday – Friday and 9am – 1pm Saturday.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Update on our lending policies : Following the government’s announcement on restricting physical property valuations to enable social distancing and help prevent the spread of coronavirus, our valuers are currently unable to visit properties and carry out physical inspections. Click here to find out more
If your existing mortgage product is coming to an end, it can take time finding a new deal that benefits you. We've created a remortgage search tool to help you find the best mortgage deal for you – you can see this at the top of the page.
For Remortgage customers, we have a range of Fixed rate
products and some of these are available as an Offset
mortgage. Our Offset mortgages are useful if you'd like to use some of your savings to shorten the term of your mortgage or to help reduce the cost of your repayments either now or in the future.
It’s important to remember that Early Repayment Charges will apply during the fixed rate period and special rate period for Tracker products. Other fees and charges will also apply.
How does it work?
Once you've decided to switch your mortgage, our process is easy and simple:
First of all you need to check with your existing provider about moving your mortgage somewhere else and what charges apply for this, if any
The next step is to obtain a lending decision
(also called an Approval in Principle). The online AIP form takes around 10 minutes to complete and allows us to tell you whether or not we would be able to lend to you and if so, how much we could lend. The Approval in Principle is valid for 30 days.
Once a lending decision has been obtained, you’re in a position to do a full mortgage application for your remortgage. You can continue to do this online or you can save your AIP to complete the full application later on. To find a suitable product for your remortgage, you can use our search tool at the top of the page or you can visit the Fixed rate
Chelsea Building Society's Standard Variable Rate is set independently of Yorkshire Building Society's Standard Variable Rate. This is because Chelsea Building Society is operated under its own brand and with its own products and services. As a result, Chelsea Building Society's Standard Variable Rate may be different from Yorkshire Building Society's Standard Variable Rate at any time and can vary upwards or downwards from time to time.
Our mortgages have limited availability and may be withdrawn at any time.
Applications subject to standard lending criteria and all loans subject to status.
We cannot accept applications if the mortgage term you are requesting extends beyond your intended retirement date.
All our mortgage products are available on a capital and interest (repayment) method only.
You have the right to repay the loan either partially or in full during the term of the loan.
Early Repayment Charges and other fees & charges apply.
Need help with mortgage definitions?
If you are unclear what something means, our Mortgage glossary can help.