Headline products offered by the Chelsea include a 2-year fixed rate 70% LTV mortgage at 3.19% with fees of £1,695 and a 2-year fixed rate 70% LTV at 3.29% with £895 fees and free valuation and legal assistance.
Chelsea product manager Jemma Smith said: "There is still uncertainty over how the base rate will move in the coming months and years so some borrowers prefer to fix their mortgage and avoid any surprises.
"The cuts we are making will help to keep borrowers' repayments as low as possible and either help them on to the housing ladder or make owning their property more affordable.
"There has been a great deal of movement within the mortgage market recently as a result of falling swap rates and we are making sure customers benefit by keeping our wide range of mortgages as competitive as possible.
"As well as competitive rates and our great customer service, many of our products also include incentives like cashback on completion or free legal assistance which can be a great help to borrowers."
Offset variants of all mortgages are also available. All 70% and 85% LTV mortgages can be arranged in Chelsea branches, via its website or through its telephony service.
