Chelsea launches online and telephone remortgages

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.”