Chelsea cut rates across range
The new deals include a 75% LTV 2-year fixed rate deal at 2.49% with a £1,695 fee and a 90% LTV 2-year fixed rate deal at 3.89% with a £1,495 fee.
Sunjeev Sahota, Chelsea Building Society product manager, said: “The New Year is the perfect opportunity to start thinking about reducing your mortgage payments for the rest of the year. “We’ve reduced rates across 75%, 85% and 90% LTVs so whether you have a small or a large deposit you can take advantage of the new deals.”
The Society is also launching a £500 cashback incentive on 2-year fixed rate products at 75%, 85% and 90% LTV.
75% LTV 2-year fixed rate deal at 2.94% with an £895 fee
85% LTV 2-year fixed rate deal at 3.99% with an £895 fee
90% LTV 2-year fixed rate deal at 4.19% with an £895 fee
Sahota added: “We want to give borrowers a helping hand so throughout the year we have continued to offer very competitive products and be a fixture in the best buy tables which we will continue to do into the new year and beyond.”