Product Transfers and Additional Loan Products available for existing borrowers

Transcription

1 Transfers and Additional Loan s available for exting borrowers If you re looking to change your exting mortgage product or apply for an additional loan, we offer a great range of mortgage products for exting Chelsea Building Society borrowers. Additional Loan Loyalty Dcount You ve already enjoyed the flexibility of your Chelsea Building Society mortgage and now you may qualify for our exclusive loyalty reward. We offer rewards for loyalty: if you have had a continuous relationship with Chelsea Building Society for at least s you may be able to benefit from a lower interest rate on your new Additional Loan. Th feature designed to reward our loyal customers for remaining with the Chelsea. - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge Further Information References in th factsheet to we, us, our, Chelsea Building Society and the Chelsea are to Yorkshire Building Society trading as Chelsea Building Society. Self-Certification We can now review your Self-Certification status if you are able to provide evidence of your income that meets our lending criteria. If you meet those requirements you could qualify for a product from our standard exting borrower transfer range. Please call us on to find out more. Mortgage Application Processing Fee For all new Additional Loan applications, there a Mortgage Application Processing Fee payable. Th fee 130 and payable on application and strictly non refundable. Our products have limited availability and may be withdrawn at any time After a product withdrawn no further applications can be accepted. For more details and asstance with any of our mortgage products: Talk to a member of staff at your local branch thechelsea.co.uk/mortgages 1

2 Transfer s Transfer CRITERIA You can apply for a Transfer if:- The property your main residence, or there an authored letting in place There are no specific conditions on your current mortgage that prevent a transfer Your mortgage account has less than 1 months arrears, up to a maximum amount of 100 at the time of offer and transfer, and there has been no more than 1 msed payment in the past 12 months. (For Prospect borrowers, there must have been no msed payments within the last 24 months) Your mortgage account has been open for at least one month The part(s) of your mortgage account being transferred must have a remaining term of at least the same as the new mortgage product The total amount being transferred to a new product must be at least 10,000 You pay any early repayment s on your exting mortgage product, as applicable Your mortgage account meets all our other normal lending criteria. FURTHER INFORMATION Th factsheet does not contain all of the details you need to choose a Transfer and it should be read in conjunction with our booklet How Your Mortgage Works, which gives additional information including an explanation of our flexible features. For important information about our Offset accounts and the options available to you to manage an mortgage, the mortgage term and monthly payments, please read our A guide to your Offset Options leaflet. - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. s available to a maximum LTV of 65% PTAL Issue 36 LTV Initial Interest Initial Period Until the following rate for the remaining term fee Minimum loan amount 10%, 50% or partial Fixed s 65% 3 year Offset Fixed s 1.74% 4.6% APRC 995* 1.99% 4.6% APRC 10% % % 4.6% APRC 50% ,000 3% to 30/09/17 4.4% APRC None 2.39% 30/09/2019 2% to 30/09/18 1% to 30/09/ % 2.59% 30/09/ % APRC % 3 year 2.04% 4.7% APRC 995* 2.29% 2.69% 30/09/ % APRC 4.5% APRC None 3% to 30/09/17 2% to 30/09/18 1% to 30/09/19 10,000 Partial % 30/09/ % APRC * The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments. 2

3 Our products have limited availability and may be withdrawn at any time - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. s available to a maximum LTV of 75% LTV Initial Interest Initial Period Until the following rate for the remaining term fee Minimum loan amount 10%, 50% or partial Fixed s 75% 3 year 1.94% 4.6% APRC 995* 2.19% 4.7% APRC 10% % % 4.7% APRC 50% % to 30/09/17 10, % APRC None 2% to 30/09/ % 30/09/2019 1% to 30/09/ % 30/09/ % APRC 10% Offset Fixed s 75% 3 year 2.24% 4.7% APRC 995* 2.49% 2.89% 30/09/ % APRC 4.6% APRC None 3% to 30/09/17 2% to 30/09/18 1% to 30/09/19 10,000 Partial % 30/09/ % APRC * The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments. 3

4 Our products have limited availability and may be withdrawn at any time - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. s available to a maximum LTV of 85% LTV Initial Interest Initial Period Until the following rate for the remaining term fee Minimum loan amount 10%, 50% or partial Fixed s 85% 3 year 2.29% 4.7% APRC 995* 2.54% 4.7% APRC 10% % % 4.7% APRC 50% ,000 3% to 30/09/ % 30/09/ % APRC None 2% to 30/09/ % to 30/09/ % 30/09/ % APRC 10% Offset Fixed s 85% 3 year 2.59% 4.8% APRC 995* 2.84% 3.24% 30/09/ % APRC 4.7% APRC None 3% to 30/09/17 2% to 30/09/18 1% to 30/09/19 10,000 Partial % 30/09/ % APRC * The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments. 4

5 Our products have limited availability and may be withdrawn at any time - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. s available to a maximum LTV of 90% LTV Initial Interest Initial Period Until the following rate for the remaining term fee Minimum loan amount 10%, 50% or partial Fixed s 90% Offset Fixed s 2.94% 4.9% APRC 995* 10% % 30/09/ % APRC 10% , % 4.9% APRC 50% None 3.49% 30/09/ % APRC 10% % 3.24% 4.9% APRC 995* 3.49% 4.9% APRC None 3.79% 30/09/ % APRC 10,000 Partial * The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments

6 Our products have limited availability and may be withdrawn at any time - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. s available to a maximum LTV of OVER 90% LTV Initial Interest Initial Period Until the following rate for the remaining term fee Minimum loan amount 10%, 50% or partial Fixed s 90%+ 4.24% 5.1% APRC 995* 10% % 5.1% APRC 10,000 10% None 4.59% 5.2% APRC 50% Offset Fixed s 90%+ fixed rate fixed rate 4.54% 5.2% APRC 995* 10,000 Partial 4.79% 5.2% APRC None * The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments FIXED RATE - TRANSFER PRODUCTS FOR SELF-CERTIFICATION BORROWERS LTV Interest & Initial rate period (where applicable) the following rate for the remaining term fee Minimum loan amount 10% Up to 75% Up to 90% Above 90% 2.69% 4.8% APRC % Fixed to 5.0% APRC None 10,000 10% % 5.2% APRC Representative Example Based on an assumed completion date of 30 September 2016, a mortgage of 101,000 payable over 2s, initially on our 1.99% until 30 September 2018, followed by Chelsea s Standard Variable, for the remaining 20 years, would require 24 monthly payments of monthly and 240 payments of The total amount payable would be 161, made up of the loan amount plus interest of 60, % APRC. Note: What you will pay may vary from th and will depend on your personal circumstances. 6

7 Additional Loan s Additional Loan Criteria You qualify for a loyalty rate dcount on your new Additional Loan if you have had a relationship with Chelsea Building Society for at least s. You can apply for an Additional Loan if:- The property your main residence There are no specific conditions on your current mortgage that prevent an Additional Loan You have not msed any payments within the last 12 months, and have not msed more than one payment in the last 24 months Your mortgage account has been open for at least 6 months The purpose of the loan acceptable to us The loan meets all our other normal lending criteria. Offer, Acceptance and Completion To qualify for our Additional Loan, any Additional Loan offer that we may make has to be sued within three months of the date of your application, and your Additional Loan must be completed within six months of the date of offer. If either of these deadlines are not met and the product you applied for has been withdrawn, you will need to select a new mortgage product and pay the Mortgage Application Processing Fee applicable for the new product. An Additional Loan subject to our mortgage conditions and mortgage loan terms. Copies will have been given to all applicants with their original mortgage offer (where mortgage completion took place after 6 January 2011), or with the letter explaining the integration with Yorkshire Building Society sent to all then Chelsea Building Society borrowers in January Offset mortgage products taken after 10th October 2011 are subject to our Offset account terms instead of our mortgage loan terms. These terms and conditions take precedence over information contained in th factsheet or any other information given to you. - Chelsea Building Society s Standard Variable - Currently BoE - Bank of England Base - Currently 0.50% APRC - Annual Percentage of Charge. Additional Loan s available for customers who have had a continuous relationship with the Chelsea for 6 months to s Interest & Initial rate period (where applicable) for the remaining term Fixed s - Fix the interest you pay for extra peace of mind Fee imum Loan to Value Minimum/ imum loan amount 10% or partial 3.69% 4.9% APRC Fixed to 75% Min 3, % 1million 4.04% 5.0% APRC 85% Offset Fixed s - Linking savings to your mortgage PTAL Issue % Fixed to 5.0% APRC 75% Min 3, Partial 1million 4.34% 5.1% APRC 85%

8 Additional Loan s available for customers who have had a continuous relationship with the Chelsea for over s Interest & Initial rate period (where applicable) for the remaining term Fixed s - Fix the interest you pay for extra peace of mind Fee imum Loan to Value Minimum/ imum loan amount 10% or partial 2.19% Fixed to 4.6% APRC 75% Min 3, % 2.54% 4.7% APRC 85% 1million Offset Fixed s - Linking savings to your mortgage 2.49% Fixed to 4.6% APRC 75% Min 3, Partial 2.84% 4.7% APRC 85% 1million Key Facts Illustration Th factsheet does not contain all of the details you need to choose an Additional Loan. Please speak to one of our Mortgage Advers who can provide you with a Key Facts Illustration which will detail all the features of a particular Additional Loan. Please make sure you read the Key Facts Illustration before you make your choice. Representative Example Based on an assumed completion date of 30 September 2016, a mortgage of 39,000 payable over 17 years, initially on our 2.19% until 30 September 2018, followed by Chelsea s Standard Variable, for the remaining 1s, would require 24 monthly payments of and 180 monthly payments of The total amount payable would be 56, made up of the loan amount plus interest of 16, and a mortgage application processing fee of % APRC. Note: What you will pay may vary from th and will depend on your personal circumstances. 8

9 Further Information Applicable To Transfers and Additional Loans Chelsea Building Society s Standard Variable () With effect from 6 December 2015 Chelsea Building Society s Standard Variable. 5.3% APRC. Chelsea Building Society s Standard Variable set independently of Yorkshire Building Society s Standard Variable. Th because Chelsea Building Society operated under its own brand and with its own products and services. Accordingly, Chelsea Building Society s Standard Variable may be different from Yorkshire Building Society s Standard Variable at any time and can vary upwards or downwards from time to time. Annual Percentage of Charge (APRC) Th a figure which all lenders must quote when referring to mortgages. It designed to show the total yearly cost of a mortgage stated as a percentage of the loan. It includes items such as the interest rate payable at the start of the mortgage and after the initial rate period has ended, Mortgage Application Processing Fee where applicable, Fee where applicable, Revaluation Fee, and Mortgage Fee. It the overall purposes. Th figure intended to help customers to compare the overall cost of different loans. imum Loan Amount Where the LTV (Loan to Value) lower than 75% we will consider loans above the maximum amount stated. Please contact us for further details. Loan to value (LTV) To minime the rk to Chelsea Building Society in the current mortgage environment, we have reviewed the range of products we offer exting customers. Like many of the mortgage deals on offer, our exting customer products now take into account your mortgage balance compared to the estimated value of your property (th known as Loan to Value). We calculate th estimated value by using our House Price Index, which recalculated every quarter. Th the figure which we use when assessing your eligibility for our products unless you request a re-valuation. Early Repayment Charges (ERC) for s with 10% Overpayment Limits In the event of full repayment, payments totalling more than 10% of the outstanding loan amount or transfer (in full or in part) to an alternative product or to Chelsea Building Society s Standard Variable, on or before the end of the ERC period, an ERC payable. The ERC calculated at the rate applicable for the year in which the repayment or transfer occurs and based on the amount repaid or transferred. For example, with a Transfer: 100,000 transferred on a 1.74% product until 30/09/18. If you decide to repay th mortgage in full before 30/09/17, and the balance outstanding on the day of redemption 98,000, the ERC will be 2% x 98,000 = 1,960. If you decide to repay th mortgage in full before 30/09/18 but after 30/09/17, and the balance outstanding on the day of redemption 98,000, the ERC will be 1% x 98,000 = 980. For example, with an Additional Loan: 30,000 borrowed on a 2.19% product until. If you repay th Additional Loan in full before 30/09/17, and the balance outstanding on the day 24,500, the ERC will be 2% x 24,500 = 490. If you repay th Additional Loan in full before 30/09/18 but after 30/09/17, and the balance outstanding on the day 24,500, the ERC will be 1% x 24,500 = 245. The exception to th that you may repay (part or lump sum) up to 10% of the outstanding loan amount in each 12 month period (calculated from the date of completion of your additional loan or product transfer or from each anniversary of completion) without incurring an ERC. Any amount repaid over the 10% limit (including policy proceeds such as maturing endowments) will incur an ERC of the percentage specified on the excess amount. For example, with a Transfer: If 100,000 outstanding on the first anniversary of completion of your product transfer, you can repay up to 10,000 (10%) in the following 12 month period without incurring an ERC. If you decide to repay more than th e.g. 15,000, you will incur an ERC of the specified percentage on 5,000 as th the amount in excess of the 10% limit. For example, with an Additional Loan: If you borrow 25,000, you can repay up to 2,500 (10%) in the 12 month period follow completion of your Additional Loan without incurring an ERC. If you repay more than th amount, e.g. 6,000, you will incur an ERC of the specified percentage on the 3,500 as th the amount in excess of the 10% limit. After the end of the ERC period, of any amount are without incurring an ERC. If a product does not have ERCs then are without restriction. Any may not be subsequently redrawn once they have been made to reduce the mortgage balance. Early Repayment Charges (ERC) for s with 50% Overpayment Limits In the event of full repayment, payments totalling more than 50% of the outstanding loan amount or transfer (in full or in part) to an alternative product or to Chelsea Building Society s Standard Variable, on or before the end of the ERC period, an ERC payable. The ERC calculated at the rate applicable for the year in which the repayment or transfer occurs and based on the amount repaid or transferred. For example, with a Transfer: 100,000 transferred on a 2.09% product until 30/09/18. If you decide to repay th mortgage in full before 30/09/17, and the balance outstanding on the day of redemption 98,000, the ERC will be 2% x 98,000 = 1,960. If you decide to repay th mortgage in full before 30/09/18 but after 30/09/17, and the balance outstanding on the day of redemption 98,000, the ERC will be 1% x 98,000 = 980. The exception to th that you may repay (part or lump sum) up to 50% of the outstanding loan amount in each 12 month period (calculated from the date of completion of your product transfer or from each anniversary of completion) without incurring an ERC. Any amount repaid over the 50% limit (including policy proceeds such as maturing endowments) will incur an ERC of the percentage specified on the excess amount. For example, with a Transfer: If 100,000 outstanding on the first anniversary of completion of your product transfer, you can repay up to 50,000 (50%) in the following 12 month period without incurring an ERC. If you decide to repay more than th e.g. 65,000, you will incur an ERC of the specified percentage on 15,000 as th the amount in excess of the 50% limit. After the end of the ERC period, of any amount are without incurring an ERC. If a product does not have ERCs then are without restriction. Any may not be subsequently redrawn once they have been made to reduce the mortgage balance. 9

10 Further Information Applicable To Transfers Revaluations You can request a revaluation of your property to ascertain your current loan to value, on the bas of your belief that your property s current value different to the estimated valuation on our records. Please note that by requesting a revaluation you would not be reserving any of Chelsea Building Society s mortgage products or rates. s can be withdrawn at any time and you will only be able to choose from the range available, once your current valuation confirmed. If a revaluation required, a non refundable fee of 70 payable. Th fee payable on request of a revaluation. Th can either be paid by debit/ credit card over the phone, or by viting your local branch. Overpayments Making lump sum or regular within the limits of your product can help to reduce your mortgage balance without incurring ERCs. Reducing your mortgage balance can lower your LTV which could mean you have more options available to you the next time you are in a position to do a product transfer, Please note that if house prices increase th can lower your LTV, however if house prices fall, your LTV may re. Transfer Offer, Acceptance and Completion In order to transfer your mortgage to a new product we will sue an offer for the product you require. If you do not hear from us within 7 days of requesting an offer, please contact us. A signed acceptance of the product transfer offer must be received by us within 14 days of the date of the offer. Upon receipt of the signed acceptance we will process the transfer and write to you to confirm the date the transfer effective from and adve you of your new payment. If you do not hear from us within 7 days of returning your acceptance, please contact us. A product transfer subject to the mortgage conditions and mortgage loan terms. Copies will have been given to all applicants with their original mortgage offer (where mortgage completion took place after 6 January 2011), or with the letter explaining the integration with Yorkshire Building Society sent to all then Chelsea Building Society borrowers in January Offset mortgage products taken after 10th October 2011 are subject to our Offset account terms instead of our mortgage loan terms. These terms and conditions take precedence over information contained in th factsheet or any other information given to you. Self-Certification assessment If you would like us to re-assess your Self-certification status as you believe that you are now able to provide the evidence of your income that we require, please contact us on If you meet our lending criteria requirements for proving your income then you may be eligible to take an exting borrower transfer product from our standard range. Please note that we are unable to reserve or book any of our products for you whilst we re-assess your Self-certification status, regardless of the outcome of that assessment. Fee The fee payable in full when you return your Offer Acceptance Form and the funds must be cleared before we can complete your product transfer. You may request the fee to be added to your loan, which will increase both the amount borrowed and your monthly payments. 10

11 Further Information Applicable To Additional Loans Mortgage Application Processing Fee A Mortgage Application Processing Fee of 130 payable on all mortgage applications including additional loan applications. Th fee payable on application and strictly non-refundable. Th fee d to cover the costs involved with processing a mortgage application or additional loan application. Switching Fee Once you have submitted your application, if you decide to change products before completion, a product switching fee payable. Th fee covers part of the costs we incur when we reserve the product you have applied for. The fee 90 and payable at the point that you switch from one product to another. The switching fee payable each time you change products before completion. Loan Amount On our Additional Loan, the maximum loan amount available varies depending on several factors, including the loan purpose, LTV, the property type etc. Your local Chelsea Building Society branch will be happy to dcuss your requirements and confirm the amount you may be able to borrow. Loan to Value (LTV) and revaluation To ensure that we are able to lend the amount you wh to borrow we need to establh the total of your mortgage balance and the amount of additional borrowing, compared to the value of your property (th known as Loan to Value or LTV). In order to do th, in some cases we will require a revaluation of your property. Please contact us to check if th will apply to you. If a re-valuation required a non-refundable re-valuation fee of 70 payable. The resulting LTV figure will be used when assessing your eligibility for our products. Th fee payable on request of a re-valuation. Th can either be paid by debit/credit card over the phone, or by viting your local branch. Release of funds Where the total debt including the Additional Loan below 85% of the current value of the property (i.e. before any work carried out), the money can be released as soon as your Additional Loan approved. A final inspection required for applications above th level, the fee for which payable by you. The total loan cannot exceed 85% of the property value when it re-inspected. You can choose the method by which we will release the Additional Loan to you. The methods available are CHAPS or Internal Transfer. In both cases, the funds are released to you electronically and should be available to you the same day. There no for either method of payment. For more details ask a member of staff. Information required If the Additional Loan for any structural changes to the property, copies of the plans and all necessary planning approvals and building regulation consents will be required at the time of the application. Estimates for the work will be required if the total loan above 85% of the current property value. 11

12 Equivalent Savings Interest s For Current Offset Transfer s and Offset Additional Loan s PTAL Issue 36 Offset Type Zero rate Taxpayer Basic Taxpayer Higher Taxpayer Additional Taxpayer 2.04% Fixed 2.04% 2.55% 3.40% 3.71% 2.24% Fixed 2.24% 2.80% 3.73% 4.07% 2.29% Fixed 2.29% 2.86% 3.82% 4.16% 2.49% Fixed 2.49% 3.11% 4.15% 4.53% 2.59% Fixed 2.59% 3.24% 4.32% 4.71% 2.69% Fixed 2.69% 3.36% 4.48% 4.89% 2.84% Fixed 2.84% 3.55% 4.73% 5.16% 2.89% Fixed 2.89% 3.61% 4.82% 5.25% 3.09% Fixed 3.09% 3.86% 5.62% 3.24% Fixed 3.24% 4.05% 5.40% 5.89% 3.49% Fixed 3.49% 4.36% 5.82% 6.35% 3.54% Fixed 3.54% 4.43% 5.90% 6.44% 3.79% Fixed 3.79% 4.74% 6.32% 6.89% 3.99% Fixed 3.99% 4.99% 6.65% 7.25% 4.34% Fixed 4.34% 5.43% 7.23% 7.89% 4.54% Fixed 4.54% 5.68% 7.57% 8.25% 4.79% Fixed 4.79% 5.99% 7.98% 8.71% Summary Box Key Information for our Savings Accounts Account Name Interest s (AERs) Offset savings account No interest earned Tax Status N/A N/A Conditions for bonus payment Withdrawal arrangements N/A Unlimited withdrawals* Offset Plus savings account No interest earned N/A Unlimited withdrawals* Access Branch or Online Branch or Online (*subject to daily operational limits) You do not earn any interest on an Offset savings account(s). However, by linking savings to your mortgage, you only pay interest on the difference between your Offset mortgage balance and Offset savings balance(s). The money in your Offset savings account(s) therefore benefits from the equivalent of the interest rate d on your mortgage. The equivalent savings interest rates shown above are based on the current interest rate of the mortgage product so where th rate or reverts to a rate after an initial period, the benefit you get from your savings will change at the same time. These figures also assume your Offset savings are against the mortgage products shown. The above example assumes that basic and higher rate tax payers do not pay tax on their savings and that additional rate taxpayers pay 45% tax on savings interest and are based on current HM Revenue and Customs rules which are subject to change. Customer usage of any applicable Personal Savings Allowance not included within these calculations. Whether you need to pay tax dependent on your own personal circumstances and so may be subject to change in the future. Early Repayment Charge (ERC) for Offset Mortgage s With Partial Overpayments Allowed If the product repaid in full or transferred (in full or in part) to an alternative product or to Chelsea Building Society s Standard Variable, on or before the end of the ERC period, an ERC payable. However, partial (monthly or lump sum) of any amount are without. The ERC calculated at the rate applicable for the year in which the repayment or transfer occurs. The ERC based on the original transfer or the original Additional Loan amount and so dregards any payments (including usual monthly payments) you make which may have reduced the total amount transferred or borrowed. For example, with a Transfer: 100,000 transferred on a 2.04% product until 30/09/18. If you decide to repay th mortgage in full before 30/09/17, the ERC will be 2% x 100,000 = 2,000. If you decide to repay th mortgage in full before 30/09/18 but after 30/09/17, the ERC will be 1% x 100,000 = 1,000. For example, with an Additional Loan: 25,000 borrowed on the 2.49% fixed to 30/09/18 product. If you repay th Additional Loan in full before 30/09/17, the ERC will be 2% x 25,000 = 500. If you repay th Additional Loan in full before 30/09/18 but after 30/09/17, the ERC will be 1% x 25,000 = 250. After the end of the ERC period, of any amount are without incurring an ERC. If a product does not have ERCs then are without restriction. Any may not be subsequently redrawn once they have been made to reduce the mortgage balance. Information relevant to all Offset Accounts Your exting mortgage and Additional Loan amount must be taken on Offset products only. Offset and non-offset products cannot be mixed. The Offset savings account(s) available with our Offset products offer Direct Debit and Standing Order facilities, as well as a LINK card. Please contact us if you would like further information about our Offset savings accounts. Offset Accounts For important information about our Offset mortgages and the options available to you to manage the mortgage term and monthly payments, please read our A guide to your Offset Options leaflet. 12

13 Our printed material available in alternative formats e.g. large print, Braille or audio. Please contact your local branch or call us on Applications subject to standard lending criteria and all loans subject to status. Correspondence address: Timbercombe House, Charlton Kings Business Park, Cirencester Road, Cheltenham, GL53 8DZ. Telephone number All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security. Calls to 03 numbers are d at the same standard network rate as 01 or 02 landline numbers, even when calling from a mobile. Chelsea Building Society and the Chelsea are trading names of Yorkshire Building Society. Yorkshire Building Society a member of the Building Societies Association and authored by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Yorkshire Building Society entered in the Financial Services Regter and its regtration number Principal Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. CBM 1981 PTAL Ref: C