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Chelsea Building Society – Helping Hand 2 Year Tracker Mortgage

Chelsea Building Society

Helping Hand 2 Year Tracker Mortgage

Type: Tracker mortgage for first time buyers

Tracker term: Two years

Tracker rate: 0.15% above the Bank of England base rate

Payable rate: 4.9%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuations subject to a maximum of £500,000

Income multiples: Based on affordability and amount borrowed, with up to three incomes considered

Arrangement fee: £595

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 08456 070708

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