Improved Mortgage Rates
11/23/2006

Chelsea Building Society's buy-to-let two-year fixed rate with flat valuation fee has seen an interest rate decrease from 5.14 per cent to 4.99 per cent, while the buy-to-let two-year fixed rate interest rate has reduced from 5.45 per cent to 5.30 per cent.

Chelsea Building Society has also announced the launch of two new buy-to-let two-year tracker mortgages.

Most of these new products will differ in terms of interest rates, with one offering a rate that tracks the Bank of England base rate minus 0.02 per cent and the other is 0.29 per cent over the Bank of England base rate.

Further interest rate decreases can be found on the Chelsea's buy-to-let two-year re-mortgage fixed rate which has been lowered from 5.75 per cent to 5.60 per cent.

Chelsea Building Society has over 125 years of experience, and is the UK’s sixth largest building society that has assets in excess of £9.7 billion.

Being one of the most efficient societies, Chelsea passes on the benefits of their mutual status though lower rates for borrowers, and higher rates for savers.

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