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023 8045 6999

023 8045 6999

Dudley Building Society

About Us

Documents
Proc Fees
Product Gross Fee paid by lender Net fee paid to regulated broker Net Fee paid to non-regulated & client referral service
All Products 0.80% 0.37% 0.185%
Product Transfer 0.25% 0.20%  

Dudley Building Society has been providing mortgages and savings accounts to the people of the Black Country for over 160 years.

However, in late 2013 it decided to appoint a small number of strategic partners to widen its distribution and substantially grow its mortgage book. Complete FS were one of the companies chosen to do this and with Dudley’s innovative approach to lending has successfully supported this growth.

In July 2019 Dudley Building Society were the 6th lender on the Complete panel to provide an onsite underwriter; Anna Pullen will be with Complete FS two days a fortnight and will look after all DIP’s and subsequent mortgage applications. This will improve turnaround times and Phil Jay, Director of Complete FS said “Working closely with Dudley BS, particularly being their most effective partner in terms of business quality and the percentage of cases which are correctly packaged and presented, having their underwriter with us two days a fortnight can only further improve that trend of successfully completed cases.

SEPTEMBER 2022

We are pleased to announce that Dudley have just released a 5-year fixed rate at 4.99% with only 3yr ERC!

Exclusively available via Complete FS.

This exclusive product is available up to 90% LTV and Dudley’s usual flexible criteria. With the cost of living and mortgage rate rises, this could be a great option for your residential clients to secure their mortgage for 5 years in these turbulent times.

Key benefits

  • 4.99% 5-year fixed rate 
  • Max Loan To Value: 90%
  • Available for: Purchase and Remortgage
  • Min/Max Advance: £25,000/£1,000,000
  • Lender Arrangement Fee: £499
  • Valuation Fee: Payable on application
  • Application Fee: £125
  • Early Repayment Charge (ERC): 3% of current balance in the first year and 1% for years two and three
  • Overpayments: 10% of the advance amount can be repaid per annum for three years without incurring a charge.
  • Procuration fee of 0.37%

This offer is exclusively available and there is a very limited tranche of funds available, for more information or help with a residential enquiry please call the team on 02380 456 999 Option 1

Here some examples of why Dudley BS are often considered as a high street alternative:

Ex Pat BTL & Ex Pat Resi

  • Applicants must be UK citizenBTL and
  • Holiday Let up to 70% LTV
  • Residential up to 80% LTV
  • Interest only accepted
  • All countries and currencies considered
  • Self-employed considered

Buy to Let

  • Max 70% LTV
  • No minimum income
  • Holiday Let purchase and remortgage considered
  • CBTL and RBTL applications accepted

Self Build & Custom Build

  • Arrears and Advanced payment products available
  • Maximum LTV of 75% of the GDV and 80% of the land value
  • Affordability is calculated on a C&I basis
  • A 20% contingency is required (this can be built into the loan)
  • Rental costs can be ignored if 12 months worth of savings can be evidenced

Self Employed

  • 1 years trading accepted up to 75% LTV
  • 2 years trading required for core products
  • Salary and dividends used for LTD co. directors
  • Net profit used for sole traders
  • Contractors accepted

Interest Only

  • Up to 75% LTV
  • Sale of main residence as a repayment strategy
  • No minimum equity requirements
  • Part and part available up to 85% LTV

Multiple income streams accepted

  • Rental income
  • Benefit income
  • Investment income
  • Pension income
  • Trust income
  • Foreign currency income

Please note

Our phone lines will be closed on Thursday 1st May until 10.30am for staff training.

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