Chelsea offers fee-free mortgages

Chelsea has launched a new range of mortgage products with fixed rates over two, three or five years and a two year tracker. The maximum LTV is 85% but there are no product fees. Remortgage customers also benefit from a free basic valuation and free legal fees on selected products in this range.

Chelsea’s head of customer services, Tim Taylor, commented: “For borrowers in today’s market, getting a deposit alone is tough. Hidden extras like fees and charges can hurt. We’re delighted that this range really does offer a genuine alternative to banks.”