Intermediary news roundup – April 2024

Welcome to our news round up for April 2024. See what we’ve been up to and where we’ve been!

This month we're excited to share updates on our latest initiatives, including innovative lending strategies, beneficial rate reductions, enhancements to our intermediary services and events that we’ve taken part in.

In the press

We’ve seen lots of articles published this month – here is a selection.

Borrowing options needed as second jobs increase

Great article in Mortgage Solutions. Our Distribution Director Robert Oliver discusses the trend in borrowers taking a second job during the cost of living crisis.

"Employee benefits provider Unum UK found that just under one-quarter – 24% – of employees are looking to get a second job to cover the rising cost of their outgoings"

Check out the full article in Mortgage Solutions here

Dudley adds Aria Finance to packager panel

Dudley Building Society has added specialist finance broker Aria Finance to its approved packager panel.

Aria Finance is well-known for helping brokers with their specialist mortgage cases, making it an ideal fit for the building society.

Dudley Building Society offers a range of mortgages designed for borrowers with more complex needs and incomes, including expats, the self-employed, and borrowers in or entering into retirement.

This was widely picked up by the media. You can read the full article in IFA magazine here.

Intermediary magazine Case Clinic

We featured in the Intermediary for our latest Case Clinic entries. For this edition, we explored mortgage solutions for clients with adverse credit histories and those aiming to secure their retirement savings.

Mortgage rate cut announcement 23rd April 2024

Dudley Building Society has reduced rates on a selection of its fixed and discounted rate Expat and Self-Build mortgages.

“We are delighted to offer brokers access to cheaper Expat and Self-Build mortgages with these latest rate reductions. Brokers can be confident that they will receive a flexible and personalised approach to underwriting when submitting mortgage applications to us. We look forward to assisting even more Expat and Self-Build borrowers with our latest rate reductions.” Robert Oliver, Distribution Director

Further details are available here.

Launch of new Product Transfer Page

During April we launched a new page on our website dedicated to Product Transfers for intermediaries. This new resource offers a streamlined, five-step process designed to make product transfers easier for both brokers and clients.

We shared this widely on social media to make brokers aware of the new page.

Events and Conferences

We’ve attended several events all over the country and also hosted a webinar – find out more

Just Mortgages Annual Conference: Our Key Account Managers, Sarah Rose and Cavina Harrison, attended The Vox Conference Venue in Birmingham. This event provided a great opportunity for discussing market trends and networking.

Mortgage & Protection Roadshow: Hosted by Mortgage Advice Bureau on 20 April 2024, this event was also attended by Sarah Rose and our Telephone Business Development Manager, Charlene Howard. It featured seminars and workshops on the latest developments in mortgage and protection products.

L&G Roadshow: We attended this series aimed at providing insights into investment, retirement solutions, and insurance products.

Mortgageforce Webinar: Cavina Harrison participated in a webinar hosted by Mortgageforce, a well-established mortgage broking business based in the UK.

L&G Mortgage Awards

We are finalists in the L&G Mortgage Club Awards this year. During April we completed our supporting document.

We will be attending the awards are on June 7th – fingers crossed!