The deal puts an end to speculation regarding the 16-year-old, with Premier League rivals Manchester United, Manchester City and Liverpool all credited with an interest.
The Blues have now moved to secure Hunte's services for the long-term with the attack-minded midfielder now set to sign his first professional contract in the near future.
Hunte has impressed in his three appearances for England's Under-17s and is considered one of the country's brightest prospects.
His first international call came at the start of the 2011-12 campaign when he was selected for the Under-16s and he has continued his progression since.
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