View more on these topics

Chelsea launches online and telephone remortgages

Smartphone-Phone-Mobile-Technology-700.jpg
Chelsea Building Society has launched a range of two- and five-year fixed rate loans for remortgage customers.

The new range includes short and longer term options across 65, 75, 85 and 90 per cent LTVs, and a choice of fee-free mortgages.

The range can be obtained online or via telephone.

The range includes a two-year fixed rate mortgage at 1.29 per cent for those with a 35 per cent deposit with a £1,545 fee.

A fee-free two-year fix is also available at 65 per cent LTV at a rate of 1.69 per cent.

The lender is also introducing a five-year home loan at 2.29 per cent with a £1,545 fee, or a 2.59 per cent fee-free deal. Both are available at 75 per cent LTV.

Each mortgage comes with free standard valuations and free standard legal fees.

Chelsea Building Society product manager Richard Barker says: “We’re pleased to offer this new range which we hope will appeal to a variety of borrowers, and the fee-free options and added incentives will help reduce the upfront cost of remortgaging a home.

“As our customers expect flexibility when managing their personal finances and want to be able to use a variety of channels, all new customers can apply for any Chelsea mortgage either online or via telephone.

“Existing Chelsea customers can also use any of Yorkshire Building Society’s 250 branches and agencies across the UK.”

Recommended

Money-Currency-Coins-Pound-GBP-700.jpg

Chelsea Building Society cuts SVR by 0.14%

Chelsea Building Society has cut its standard variable rate by 0.14 per cent. As of 15 December, customers on the direct-only lender’s SVR now pay 5.65 per cent, as opposed to 5.79 per cent before.  While Chelsea’s SVR has been cut, the SVRs of Yorkshire Building Society’s other brands remain the same. Presently, the SVRs […]

Kit-Thompson-700.jpg

Bridging Watch: Tell your clients the glass is half full

It is still early days but most of the housing market seems unaffected by Brexit – so let’s work hard to keep it that way Since the UK’s decision to leave the EU, the stockmarkets have recovered, the pound has bounced back against the dollar and unemployment remains at its lowest since 2005. In addition, […]

Retirement - thumbnail

(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.

Newsletter

News and expert analysis straight to your inbox

Sign up