Chelsea BS cuts mortgage rates at 85% LTV for smaller deposit buyers.
The Chelsea BS is offering cheaper mortgage rates to buyers with just 15% as a deposit.
Rates now start at 3.24% which is a reduction of 0.25%, making monthly mortgage payments much more affordable. This mortgage is available for both new home purchase and remortgaging home-owners.
A 3 year fixed rate mortgage is also on offer for up to 85% LTV at 3.69% and a 5 year fixed rate mortgage for up to 95% LTV at 3.84%.
In addition the lender has enhanced its range with the addition of a 65% LTV 2 year fixed rate mortgage at just 1.84%.
The Chelsea BS offers an offset version on all its mortgages which are priced 0.20% below its non-offset deals.
By offering cheaper mortgage rates at all deposit levels the lender advises it is continuing to support would-be buyers and existing mortgage-holders looking to purchase property or remortgage.
If you are looking for a competitive deal you are recommended to seek independent advice. However much you have available as a deposit, Deal Direct can help you to find a competitive mortgage deal tailored to your needs.
For impartial advice and an independent 'whole of market' mortgage search contact an adviser on 0800 048 8828. We can help you find the right deal at the right rate to help you realise your home-buying or home moving dream.
Contact Deal Direct today for a low rate mortgage.
Call 0800 048 8828.
