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Chelsea Building Society – Prospect 2 Year Fixed Rate

Chelsea Building Society

Prospect 2 Year Fixed Rate

Type: Fixed-rate adverse credit mortgage

Fixed term: Until March 31, 2007

Fixed rate: 6.39%

Minimum loan:25,000

Maximum loan: Up to 85% of valuation subject to a maximum of 250,000

Income multiples: Up to 3.75 times principal income plus second or 2.8 times joint

Conditions: Maximum 3,000 in CCJs, current and satisfactory IVAs allowed, discharged bankruptcy and past repossessions considered

Arrangement fee: 395 plus 245 administration fee

Redemption fee:3% of amount repaid until March 31, 2007

Introducers fee: Subject to negotiation

Tel: 08702 404808


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