Chelsea adjusts Prospect range

The changes, effective from today, include a rate increase of 0.30 per cent across the entire range and a reduction of the maximum loan-to-value amount, pulling it back to 65 per cent for all products.

Adverse Plus products have also been withdrawn, and fixed rate and ERC end dates have been pushed forward to 1 June for all products in the Prospect range.

Chelsea's other product ranges remain unchanged.