Chelsea introduces two-year fixed rate

Speaking about the product Tom Gurrie, intermediary sales controller said:“This new fixed rate reflects Chelsea’s commitment to offer attractive rates on its core mortgage products”.

Details of the two-year fixed rate product is as follows:

- rate at 4.39 per cent fixed until 31.01.08-reverts to SVR.

- LTV 95 per cent max

- £445 arrangement fee

- £245 admin fee

- Min Max loan-£25,000-£2,000,000

-ERC 3 per cent until 31.01.08