Dudley BS targets larger loans

Dudley Building Society has launched three new products through its panel of distributor packagers, including two aimed at clients looking for up to £1 million.

Related topics:  Mortgages
Rozi Jones
10th June 2015
country house residential

The large loan products are available up to 75% LTV for purchase of remortgage. The 3 year fixed rate is 3.99% and 3 year discounted rate starts at 3.49% (1.5% discount from SVR).

Dudley has also launched a new standard discounted rate product up to £500,000, at a three year discount rate of 3.19% up to 80% LTV (1.8% discount from SVR).

Jeremy Wood, Chief Executive of Dudley Building Society, said:

“Last year much of our resource was employed in bedding in new processes and the new IT system, designed specifically to build our capability in the intermediary market. Having successfully completed that transition, this year we are focussing on developing our product range while continuing to improve our service to the intermediary community. These new products demonstrate our commitment to provide products that answer the needs of our introducers and their customers.”

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