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).
Lender announcement
Improvements to our Ex-Pat, Holiday Let and Two Year Fixed products
We’re delighted to announce some exciting new changes to our product range, starting with the launch of our new Two-Year Fixed Rate Ex-Pat product. The product offers a rate of 3.89% with a max loan-to-value of 80% and an increased max loan size from £1m to £1.5m. The change to our accepted maximum loan size will be applied across our entire Ex-Pat residential product range.
In addition to the enhancements of our Ex-Pat product range, we’ve also made further improvements across our full product range. Please see an overview of the changes below:
- We’ve reduced the rate of our Two-Year Fixed Rate product from 3.69% to 3.39%
- We’ve listened to your feedback and will now accept loans of up to £1m across our Holiday Let product range
- We’ve made some significant improvements to the ERC’s being offered on some of our fixed and discount products, moving from a single rate across the product term to a tiered rate
We will continue to implement the changes to our Early Repayment Charges across our entire product range with future product launches.
You can view the full list of the changes below.
| Product Name | Product Code | Rate | LTV | Min/Max Loan | ERC | |
| Two Year Fixed Rate | 10108 | 3.39% | 90% | £25k/£1m | 3% of the current balance for the first year and 1% for the remaining year | |
| Two Year Fixed Rate Ex-Pat | 10109 | 3.89% | 80% | £25k/£1.5m | 3% of the current balance for the first year and 1% for the remaining year (fee waived if applicant returns to the UK within ERC period) | |
| Five Year Fixed Rate Ex-Pat | 10110 | 3.89% | 80% | £25k/£1.5m | 3% of the current balance for the first two years and 1% for the remaining three years (fee waived if applicant returns to the UK within ERC period) | |
| Discount for Term Ex-Pat | 13141 | 3.89% | 75% | £25k/£1.5m | 1% of the current balance for first year and 0.5% for the remaining two years (fee waived if the applicant returns to the UK within ERC period) | |
| Discount for Term Holiday Let | 25066 | 3.74% | 70% | £25k/£1m | 1% of the current balance for the first year and 0.5% for the remaining year | |
| Discount for Term Ex-Pat Holiday Let | 25067 | 3.89% | 70% | £25k/£1m | 1% of the current balance for the first year and 0.5% for the remaining year (fee waived if applicant returns to the UK within ERC period) | |