BANK RATE ANNOUNCEMENT
On 2 November 2017, the Bank of England announced that the Bank Base Rate would increase with immediate effective from 0.25% to 0.50%.
Information on managing your mortgage.
Information on managing your savings.
Help and guidance on how to move your money.
Here's some links to other pages you might find helpful:
– if you're thinking of taking out a new mortgage or you’re an existing Chelsea mortgage customer.
– view current interest rates for Savings accounts and previous rate information for current and withdrawn accounts.
– if you have a bond or ISA coming to an end soon, you’ll find information on what happens next.
From 6 April 2015, a 0% tax rate for savings means more pensioners, low earners, or those with only investment income, can have some or all of their savings interest paid without tax being deducted. For more information and to check if you're eligible please go to gov.uk/taxfreesavings. . If eligible, adults and children can be registered for gross interest by completing the Getting your savings interest without tax taken off (form R85) (66 KB) for each account held with the Society. This form is available by calling us on 0345 166 9219*. If you are not eligible to receive gross interest then interest will be paid with tax deducted. Please note, gross interest can only be paid to customers who are aged 16 or over if they are the named account holder.
Find out about our history, values and information on our relationship with YBS Group.