Lowest five-year fix for the Chelsea

Chelsea Building Society has unveiled its lowest ever rate for a five-year fixed deal.

Up to 70% LTV the rate is 3.19%, or 3.39% for the offset option.

Both mortgages have a fee of £1,495.

Jemma Smith, Chelsea Building Society product manager, said: “This is the lowest five-year fixed rate mortgage ever to come to the market