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Chelsea Building alters its intermediary product range

Chelsea Building Society has announced that it has made adjustments to its intermediary product range in order to maintain service standards for its intermediary channel.

The direct product range available through the branch network and direct mortgage sales department remain unaffected. Intermediaries will be able to access the new product range from March 28, 2008.

Jeremy Hicks, divisional director of communications at Chelsea, said: Over the last few weeks we have experienced a large increase in business levels largely as lenders are tightening their criteria. We have made the decision to temporarily withdraw our mortgage range for intermediaries, so that service levels are maintained.