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Chelsea BS pulls the plug on two fixed rate loans

Chelsea Building Society has announced the withdrawal of two of its fixed rate mortgages.

The first which had a fixed rate of 3.29 per cent until September 1, 2005, and a loan to value of 95 per cent. The minimum loan offered was £25,000 and the maximum £350,000.

The second was fixed at 3.69 per cent until September 1, 2006, also with a loan to value of 95 per cent. Its minimum loan was £25,000 and the maximum £1,000,000.

Both loans were withdrawn from the end of last week.

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