Chelsea announces rate change on two-year fixed

Details of the new product is as follows:

Interest Rate Maximum Loan to Value

Arrangement Fee. Administration Fee. Min/Max Loan Early Repayment Charge

4.69% fixed until 30.04.07 then the Society’s standard variable rate currently 6.74%

(The overall cost for comparison is

6.7%

APR) 95% £395 £245 £25,000/

£350,000 3% until

30.04.07