Chelsea Building Society has launched two new fixed rate mortgage deals – at 3.99 per cent and 4.39 per cent.
The five year fix at 3.99 per cent comes with a £1,995 fee, or customers can opt for a rate of 4.39 per cent with a £595 fee. Both products are available up to 75 per cent LTV.
Chelsea Building Society’s group direct mortgage manager Chris Smith said: “Following the successful integration with Yorkshire Building Society, the Chelsea is looking to increase its lending and we will be introducing more, competitive mortgage deals later this year.
“These new five year fixed rate mortgage offers broaden the range that’s available to customers by adding longer term options to the existing range of Chelsea mortgages. Demand for five year fixed deals has been rising, particularly among borrowers seeking a larger loan, so we’re expecting high levels of interest.”