1.00% Discount for Term Ex-Pat Further Advance

 

Interest Rates

3.99%

Representing a 1.00% discount off our Standard Variable Rate which is currently 4.99% 

4.3% APRC 

(The overall cost for comparison)

Main Features

Available for: Ex-Pat Further Advances Only

Min/Max Adv: £5,000/£1,000,000

Max Loan To Value: 75% 

Arrangement Fee: N/A

Valuation Fee: A revaluation fee of £150 may be applicable 

Application Fee: £80

Early Repayment Charge (ERC): 1% in the first two three years. ERC waived during the three year period if the customer returns to the UK and wishes to transfer to a retention product with the Society. This would be subject to proof of contract end date and return to the UK. 

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

Restrictions: This mortgage must be repaid on either a capital & interest basis. 

Available to Ex-Pats only. 

Other Features: N/A

Representative Example

A mortgage of £20,000 payable over 17 years initially on our discounted rate at 1.00% below the Society's Residential Standard Variable Rate of 4.99% (variable) for the mortgage term of 17 years would require 204 monthly payments of £135.18 plus one initial interest payment of £67.78.

The total amount payable would be £27,899.50 made up of the loan amount plus interest (£7,644.50) and Revaluation Fee (£150), CHAPS fee (£25) and Application Fee (£80). 

The overall cost for comparison is 4.3% 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  • All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion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.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE