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).
Dudley BS Updates
We are making some key updates live from today which I’d like to share with you.
- 95% Shared Ownership (this will also see a reduction in our rate from 3.99% to 3.49%)
- 80% BTL and Holiday Let
- 85% of GDV for Self-Build
LTV increases across shared ownership, BTL and self-build ranges!
We’re excited to share the launch of 13 new mortgage products across our Shared Ownership, Self-Build, Holiday Let and BTL product ranges!
This improved product offering is another milestone in our journey to make our flexible approach to underwriting more accessible to a wider number of aspiring homeowners.
The key changes we have made are;
- Reduced interest rates from 3.99% to 3.49%
- Increased LTVs from 90% of the share to 95% of the share
BTL and Holiday Lets
- Increased LTVs from 70% to 80%, including Holiday Lets and Ex-Pat BTL products
- LTVs increased from 80% to 85% for both the end value and land value
- Larger maximum loan size for our Eco-Self build products from £500,000 to £1,000,000
All new products also see the continued introduction of tiered early repayment charges.
We listened to you, our valued partners, who highlighted the growing demand for a more flexible shared ownership proposition as the cost of living continues to affect residents within the UK.
We have withdrawn the following product codes;
Please note that we will accept full applications on our withdrawn products for two weeks until Tuesday 15th March.