Details of the new buy-to-let products are as follows:
Interest Rate Maximum Loan to Value
Arrangement Fee
Administration Fee
Min/Max Loan Early Repayment Charge
5.75% fixed until 31.05.07 then the Society’s standard variable rate currently 6.74% for the rest of the mortgage.
The overall cost for comparison is 7.0%
APR 80%
£445
£245
£35,000/ £600,000
3% until 31.05.07
5.99% fixed until 31.05.08 then the Society’s standard variable rate currently 6.74% for the rest of the mortgage.
The overall cost for comparison is 6.9%
APR 80%
£445
£245
£35,000/ £600,000
3% until 31.05.08
5.99% fixed until 31.05.07 then the Society’s standard variable rate currently 6.74% for the rest of the mortgage.
The overall cost for comparison is 7.0%
APR 80%
£445
NIL
£35,000/ £600,000
3% until 31.05.08
Customers wishing to find out more about Chelsea mortgages can contact their local branch, call FREE on 0800 291291 or visit www.thechelsea.co.uk. Calls to the Society may be recorded and/or monitored for security, training and customer service purposes.
Intermediaries wishing to find out more about current products can call the Intermediary Helpline on 08702 404808 or visit the Intermediary website at www.chelseaintermediary.co.uk.
