Chelsea offers borrowers help with conveyancing costs
Chelsea Building Society is enhancing its mortgage range by introducing a range of products offering a free valuation and a legal fee incentive.
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As one of the few major lenders to offer this service to homebuyers, the Chelsea hopes it will ease some of the financial concerns for borrowers at a time when wallets can be stretched.
Chelsea Building Society Product Manager Jemma Smith said:
"We understand buying a new home can be extremely stressful - not to say expensive. We hope that by offering a free valuation and assistance with legal fees we can help to relieve some of this financial pressure.
"We can also take away a little bit of the stress and give our customers one less thing to worry about."
In addition to mortgages for new purchasers, a free valuation and legal fee assistance is also available to remortgaging customers.
Jemma said:
"Homeowners wishing to switch lenders may be deterred by the associated costs of remortgaging. By offering these incentives we aim to remove this obstacle for them."