6.35% Expat Holiday Let Two Year Fixed Rate
Interest Rates


Representing a Fixed Rate of 6.35% for the first 2 years, changing to our Buy to Let Standard Variable Rate which is currently 9.24%

9.0% APRC 

(The overall cost for comparison)

Main Features 

Available for: Purchase and Remortgage

Min/Max Adv: £25,000/£1,000,000

Max Loan To Value: 80% (including arrangement fee)

Arrangement Fee: £999 (if the arrangement fee is added to the loan; the loan to value must not exceed the maximum permitted)

Valuation Fee: Payable on application. See Valuation Fee leaflet

Application Fee: £125

Early Repayment Charge (ERC): 3% of the current balance in the first year and 1% for the second year (ERC is waived if the customer returns to the UK and chooses a retention product)

Overpayments: 10% of the advance amount can be repaid per annum for the first two years without incurring a charge. A 3% charge is due on any amount repaid that exceeds 10% per annum for the first year and a 1% charge is due on any amount that exceeds 10% per annum the following year

Restrictions: This mortgage can be repaid on a capital & interest, interest only or part & part basis. Interest only repayment has a maximum LTV of 80%.

Other Features: N/A

Please note that we will consider the following:

  • Guarantor mortgages (Max 75% LTV)
  • Self-employed applicants with only 1 year's accounts (Max 75% LTV)
  • Joint borrower, sole proprietor (Up to product LTV limit)
Representative Example

A mortgage of £213,812.00 payable over 20 years initially on a fixed rate for 2 years at 6.35% and then on our current Buy to Let Standard Variable Rate at 9.24% (variable) for the remaining 18 years would require 24 monthly payments of £1,575.30 and 336 monthly payments of £1,926.47 plus one initial interest payment of £1,149.97.
The total amount payable would be £456,948.69 made up of the loan amount plus interest (£241,262.69) and Arrangement fee (£999), Valuation Fee (£300), CHAPS fee (£25),  Application Fee (£125) and Discharge Fee (£125).
The overall cost for comparison is 9.0% APRC representative.

Additional Notes
  • This mortgage summary should be read in conjunction with the Terms and Conditions.
  • All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion
  • Fees and rates may vary according to the individual case. Fees and rates will be confirmed upon application.