Chelsea launches five-year fixes

Chelsea Building Society has launched two additional five-year fixed rate deals starting at 4.69%.

The 4.69% deal is available at up to 75% LTV, and there is a product at 5.04% for borrowers with a maximum 80% LTV.

Both products come with a £995 arrangement fee and with a free valuation.

Chelsea will also pay the legal fees for remortgage customers.

Andrew Paddock, mortgage product development manager at Chelsea, says: “With so much speculation about future levels of inflation and mortgage rates we think borrowers will welcome this opportunity to fix their mortgage payments at such a competitive rate for the next five years.”

These products are only available direct.

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