The Chelsea Building Society has unveiled a new range of two and five-year fixed rate remortgages.
The new offering includes short and longer term options across 65%, 75%, 85% and 90% loan to values (LTVs), and a choice of fee-free mortgages, which can be obtained online or via telephone.
Deals include a two-year fixed rate mortgage at 1.29% for those with a 35% deposit, which comes with a £1,545 fee. A fee-free two-year fix is also available at 65% LTV at a rate of 1.69%.
Those looking to fix for longer can opt for a five-year home loan at 2.29% with a £1,545 fee, or a 2.59% fee-free deal. Both are available at 75% LTV.
Each mortgage comes with the additional incentives of free standard valuation and free standard legal fees.
Richard Barker, product manager for Chelsea Building Society, said: “Two and five year terms are popular with remortgage customers at the moment. Many borrowers are looking to lock into a competitive deal with the reassurance of knowing what their monthly repayments will be until the next decade, whilst others have an eye on the Bank Base Rate and prefer to fix for a shorter period.
“We’re pleased to offer this new range which we hope will appeal to a variety of borrowers, and the fee-free options and added incentives will help reduce the upfront cost of remortgaging a home.
“As our customers expect flexibility when managing their personal finances and want to be able to use a variety of channels, all new customers can apply for any Chelsea mortgage either online or via telephone. Existing Chelsea customers can also use any of Yorkshire Building Society’s 250 branches and agencies across the UK.”
