Chelsea Building Society Mortgages

I have recently remortgaged with the Chelsea building society. They are giving me a 6% cashback on the mortage and the standard rate is pretty similar to other lendors - some lendors are slightly cheaper, some more expensive. They offer free survey and legal fees, so it is costing me nothing to remortage. The cashback will be used to clear all my credit cards and probably pay for a holdiay too, so it is very useful. The whole thing has been done by post and telephone. I didn't have to pay any fees to mortage brokers, who often want up to 1% of the loan and try and sell you insurance etc... On ... more

We had the misfortune of being introduced to Chelsea by an independent mortage advisor in 2004, we had a small deposit and weren't earning much at the time, but they came up as cheapest best option for hard working youngsters like ourselves. After AIP stage they just dragged everything out, I knew we had a picture perfect credit score, but they kept coming up with nonsense requests for documentation, yet saying everything was fine, "we just need this..." it was awful, we were pulling our hair out we nearly lost the flat we were buying. The mortgage offer took about 3 months to materialise and ... more

The Chelsea Prospect Mortgage is designed for customers who have had financial problems and want to move on. We had financial problems for quite a few years which we can pin point directly to three periods of unemployment in 12 months and an inability to ask for help of any kind. In 2001 we put our debts in the hands of a financial mediator recommended by our bank I hasten to add. At the end of 2001 I read a magazine article about moving to realise financial freedom and how life was becoming easier for people with financial problems to get a new mortgage. We enquired with our mediator who put ... more