View more on these topics

Dudley launches record low five-year fix through 3mc

Doug Hall - 3mc

Dudley Building Society has launched an exclusive five-year fixed rate residential mortgage to members of 3mc.

The loan is 2.89 per cent up to 80 per cent LTV, making it lender’s cheapest five-year loan to date.

The mortgage is available for houses up to £1m, depending on LTV and has a free valuation for remortgages and fees-assisted legals.

The term is five to thirty-five years and repayment is capital and interest-only.

Overpayments of 10 per cent of the advance is allowed without penalty in each of the first five years.

Dudley Building Society head of credit Jonathan Moore says: “This new product is aimed squarely at customers looking for the security to lock in for the longer term at a very competitive rate.”

3mc director Doug Hall says: “The product will provide intermediaries with the best affordability in the UK for their Dudley BS applications and enable applicants to maximise their affordability over all other products as the affordability stress is based on the pay rate and not a notional rate.”

Recommended

Business-Handshake-Finance-Deal-700.jpg

Dudley Building Society appoints Clever Lending to its panel

Master broker Clever Lending, provider of first and second charge loans and commercial and bridging products, has joined the panel of introducers at Dudley Building Society. Clever Lending director of sales and development Paul Day says regional building societies like the Dudley “provide a much needed common sense approach to lending and I know our […]

Dudley Building Society reduces rates on selected fixes

Dudley Building Society has reduced its fixed rate residential mortgage range for purchase and remortgage by up to 0.45 per cent on select products. The reduction is applied to the two year fixed product up to 90 per cent LTV, which drops from 3.69 per cent to 3.29 per cent; the three year fixed product […]

Home-House-Money-Property-700x450.jpg

Dudley cuts all fixed rates by 0.30%

Dudley Building Society is introducing new buy-to-let products, cutting rates and changing criteria. The lender has reduced rates on all its fixed rates by 0.30 per cent, with rates now starting from 2.99 per cent. Dudley has rolled out new three- and five-year discount mortgages, with a maximum early redemption charge period of three years. […]

10 September thumbnail

Johnson Fleming set to hold auto-enrolment support webinar

Two years since the process of auto-enrolment began, the looming re-enrolment deadline provides the perfect opportunity to assess whether the support you have in place, which may well have been hastily selected at the start, is fit for purpose. Johnson Fleming is holding a webinar on 10 September at 11:00 to discover the key issues and concerns you should consider when thinking about your current support options.

Thumbnail

Pension over-taxing

800,000 people are at risk of being over-taxed on their pensions, writes Steve Webb, director of policy at Royal London Hundreds of thousands of people receiving company and personal pensions should check their tax code to make sure that they are not being over-taxed, according to a leading pensions firm. Mutual insurer Royal London has […]

Newsletter

News and expert analysis straight to your inbox

Sign up