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Chelsea Building Society – Two Year Discount Mortgage

Chelsea Building Society

Two Year Discount Mortgage

Type: Discounted-rate mortgage

Discounted term: Two years

Discount: 1.75%

Payable rate: 4.99%

Minimum loan: 25,000

Maximum loan: Up to 95% of valuation subject to a maximum of 2m

Income multiples: Loans up to 95% of valuation 3.5 times principal income plus second or 2.75 times joint, up to 90% of valuation 3.75 times principal income plus second, 75% of valuation four times principal income plus second or three times joint

Arrangement fee: 445

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

Introducers fee: Subject to negotiation

Tel: 08702 404808

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