From Jeremy Hicks
I'm sure there will be a rush of lenders changing rates following the Bank of England's announcement but at the moment the Chelsea is not one of them, as incorrectly reported (Mortgage Strategy November 10).
I think you have taken the detail of a rate increase from our investment press release which illustrates our response for investors which I'm sure your readers will welcome as it shows a lender looking to assist investors who have suffered while borrowers have enjoyed the benefits of lower rates.
I'm pleased to advise you that the two-year and three-year fixed rate mortgage accounts remain at 4.35% and 4.89% respectively.
Public relations and corporate affairs controller