Chelsea Building Society withdraws all fixed rates as of today

MortgageMamma

With immediate effect the Society will be withdrawing all of the current Fixed Rate Mortgages.
We will continue to accept applications until the close of business on Thursday 17 August 2006.

The Society will be launching the following Fixed Rates with effect from 18 August 2006:

• 5.04% 2 Year Fixed Rate until 30 November 2008 (Max LTV 75%)
• 5.24% 2 Year Fixed Rate until 30 November 2008
• 5.59% 3 Year Fixed Rate until 30 November 2009
• 5.64% 5 Year Fixed Rate until 30 November 2011
• 6.74% 5 Year Fixed Rate until 30 November 2001, with a 6% Cashback
• 5.49% Self Cert 2 Year Fixed Rate until 30 November 2011, then BBR + 1%

• 5.99% Non Conforming Extra Light Fixed Rate until 30 November 2008
• 6.35% Non Conforming Light Fixed Rate until 30 November 2008
• 6.75% Non Conforming Medium Fixed Rate until 30 November 2008
• 7.09% Non Conforming Heavy Fixed Rate until 30 November 2008
• 6.79% Non Conforming RTB Fixed Rate until 30 November 2008
• 6.59% Non Conforming Self Cert Extra Light Fixed Rate until 30 November 2008
• 6.85% Non Conforming Self Cert Light Fixed Rate until 30 November 2008
• 7.25% Non Conforming Self Cert Medium Fixed Rate until 30 November 2008
• 7.55% Non Conforming Self Cert Heavy Fixed Rate until 30 November 2008
• 7.25% Non Conforming Self Cert RTB Fixed Rate until 30 November 2008
• 6.39% Non Conforming BTL Scheme 1 Fixed until 30 November 2008
• 6.89% Non Conforming BTL Scheme 2 Fixed until 30 November 2008
• L&G 6.39% Non Conforming BTL Scheme 1 Fixed until 30 November 2008
• L&G 6.89% Non Conforming BTL Scheme 2 Fixed until 30 November 2008

• 5.60% BTL 2 Year Fixed Rate until 30 November 2008
• 5.29% BTL 2 Year Fixed Rate until 30 November 2008
• 5.90% BTL 2 Year Fixed Rate until 30 November 2008 (Remortgage Only)
• 5.85% BTL 3 Year Fixed Rate until 30 November 2009
• 6.05% BTL 3 Year Fixed Rate until 30 November 2009 (Remortgage Only)

All other terms and conditions remain unchanged

The Society has amended its Standard Variable Rate to 6.74%, with effect from 18 August 2006.