Highlights from the cuts include a 2.34% 2-year fix for 75% LTV and a 3.39% 2-year fix for 85% LTV. Both products are available for fees of £1,695.
Sunjeev Sahota, Chelsea product manager, said: “There has been a great deal of movement within the mortgage market recently and we are making sure customers benefit by keeping our wide range of mortgages as competitive as possible.
“In particular our 1.89% product will be the lowest 2-year fixed rate available anywhere in the market.
“We’re committed to providing great value mortgage no matter how big or small your deposit and these latest changes reflect this.”
