Chelsea Building Society
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- Low-interest starting from 4.99%
- Low rate loans
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Author Chelsea Building Society. Screenshot of Chelsea Building Society website. [Accessed May 14, 2020]
About Chelsea Building Society
Chelsea Building Society’s establishment goes back to 1875.
It was at the same time that the Camberwell and South London Building Society were formed and three years later, in 1878, the Borough of Chelsea Permanent Building Society was created.
These societies amalgamated with other smaller societies and in 1966 the two societies merged to form a new credit union society with assets of £36 million.
Exceptional growth
Chelsea had grown its assets to in excess of £14 billion in 2009. It is now the country’s fifth largest building society. We have 35 branch offices mainly in southern England and we offer fixed rate to offset, from remortgages to guidance on buying your first home. No matter what you need, we are here to help you throughout the entire process of owning your own home.
Guiding you all the way
When you apply for a new mortgage loan, it is vital that you understand all the processes involved before you begin. We offer our customers a guide to the online application process that will help you find out how it works when buying a new home.
Chelsea Building Society Services
We offer home loans that are unmatched and designed with the best interest of our clients in mind.
Whether you are looking for a new home loan or whether you would like a remortgaging service, we offer every mortgage service you could need and more.
Remortgaging and first time home loans
If you are interested in our remortgaging process, you can use our guide find a new deal that is right for you. Should you be buying your first home, we have various options available, we offer a comprehensive guide to ensure you reach financial wellbeing.
Getting your first mortgage
Thousands of people have enjoyed purchasing a new home and you too could be First Time Buyers Mortgage. Here are a few guidelines to find the right mortgage for you.
Chelsea Building Society Product Details
- Loan Type Property Finance
- Interest Rate from 4.99%
Benefits of Chelsea Building Society
- Simple online loan applications
- Get competitive deals on home loans
- Tailored repayment terms
- Reduced monthly repayment terms
Get the home loan that makes all the difference!
With our online loan applications you can apply but if you wish to speak to a onsultants directly, you are welcome to contact us and one of our professional, friendly team members will assist you throughout the application process.
First Time Buyer benefits
- Cashback on selected products.
- No product fees on some of our First Time Buyer mortgages.
- Free standard valuation.
Other things to consider
- You need to be at least 18 years of age to apply for a mortgage.
- You must reside in the UK at the time of application, be a UK citizen or hold a European passport.
- The minimum loan term is five years
- The maximum loan term is 35 years
- You have the right to repay the loan either partially or in full during the term of the loan
- Income and employment - Details of any income you receive, including benefits and pensions where applicable. You may be required to present supporting documentation
- Net profit figures if you are self-employed
- Details on your expenses
Applying for a home loan
- Use our mortgage calculators
We recommend that you use our online mortgage calculators that will help you to find out how much you could borrow and how much the repayments could be.
- Read our guide to lending
Before you apply, make sure you read our lending criteria guide as it will give you all the information on our mortgage application and what documents you may need to provide.
- Find a mortgage
Find and compare our mortgage products to suit your specific requirements.
- Get a lending decision
You can get a lending decision or ‘Approval in Principle’ within just 10 minutes.
- Apply for the mortgage
Complete your full home loan application.
Credit checks done
Whether you apply for a personal loan or a mortgage we carry out credit checks as part of our standard procedure to make sure your details are up to date and that it reflects your current financial situation.
Our identification requirements
All documents you send must be either originals or certified true copies.
Requirements for remortgages
At least one applicant must have owned and lived in the property to be remortgaged for a minimum of six months prior to the application date.
Our website has all the information you need on the requirements for all the different financial products and services we offer.
Chelsea Building Society is a trusted & reliable provider of property finance
In our review, Chelsea Building Society adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.
Chelsea Building Society is a registered credit provider in the UK; FCA number 106085
Customer Reviews & Testimonials
Chelsea Building Society Contact Details
Physical Address
- 28 Merchant St Bristol England BS1 3EP United Kingdom
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Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:30 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday 09:00 – 12:00
- Sunday – Closed