Dudley BS reprices Self-E mortgage range
11 May 2015
The Dudley Building Society has made significant reductions to the costs of its new range of self employed specific mortgage deals.
The products are aimed specifically at those self employed clients the Society feels are being ignored by mainstream lenders.
The new pricing sees rates for customers with only one year or two years’ accounts fall by 0.5% along with a significant reduction of £500 in fees.
Headline rates across the Self-E range are:
3.99% for clients with one year’s accounts
3.55% for clients with two years’ accounts
3.29% for clients with three years accounts
These are available at 90% LTV for those with three years accounts and 75% for those with one to two years accounts. The minimum loan amount is £25,000 with a maximum of £350,000 and a reduced fee of £995.
Jeremy Wood, Chief Executive at the Dudley said, "The market for self employed clients is growing and we are keen to be able to provide greater support for the intermediary community. The new pricing represents our commitment to ensuring that self employed customers have access to strongly priced products backed up by our personal service.”
