The Dudley mortgage range is available via our fees free specialist mortgage packager team or via our direct to lender mortgage club. Their latest product information is available here and their criteria details are available here (but is password protected so contact us or Dudley for further details).
We’ve improved our Right to Buy & Interest Only product ranges!
We’re pleased to reveal that we have enhanced our Right to Buy offering by reducing rates and increasing the loan-to-value, making the opportunity for your clients to purchase their currently council owned homes a reality.
Our Discount for Term Right-to-Buy product now has a reduced rate of 3.79%. The LTV has also been increased to 85% (100% of the discounted purchase price) from 80%. With no arrangement fee and £400 cashback paid to the borrower on completion, our aim is to make our RTB products more accessible for borrowers.
For our existing members, our Right-to-Buy Further Advance product also sees a reduced rate to 3.79% over the term of the mortgage, up to 85% LTV.
Furthermore, our Discount for Term Interest Only and Discount for Term Part & Part products also see a reduced rate to 3.64%. Our Discount for Term Interest Only product is now available for both purchase and remortgage.
Don’t forget that the Society will consider joint borrower, sole proprietor applications across our whole product range!
If you have a case you would like to submit, please visit our website for further information.
We have also withdrawn the following products:
- 13089 – 1.00% Discount for Term Right-to-Buy
- 13131 – 1.15% Discount for Term Interest Only
- 13132 – 1.15% Discount for Term Interest Only Remortgage
- 13134 – 1.15% Part and Part Discount for Term
- 13093 – 1.00% Discount for Term Right-to-Buy Further Advance