Five Year Fixed Large Loan 
Interest Rates


Representing a Fixed Rate of 3.34% for the first five years, changing to our Standard Variable Rate which is currently 5.74%

4.7% APRC

(The overall cost for comparison)

Main Features

Available for: Purchase and Remortgage 

Min/Max Adv: £1,000,000/£2,500,000

Max Loan To Value: 80% for loans between £1.0m - £1.5m (including arrangement fee) 

70% for loans between £1.51m - £2.5m (including arrangement fee) 

Arrangement Fee: £499 (If the arrangement fee is added to the loan; the Loan to Value must not exceed 80%) 

Valuation Fee: Payable on application. See Valuation Fee leaflet

Application Fee: £125

Early Repayment Charge (ERC): 3% of the current balance in the first two years and 1% for the remaining three years

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

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

Other Features: N/A

Please note that we will consider the following:

  • Guarantor mortgages (max 70% LTV)
  • Self-employed applicants with only 1 year's accounts (Max 70% LTV)
  • Joint borrower, sole proprietor
Representative Example

A mortgage of £1,250,000 payable over 20 years initially on a fixed rate for 5 years at 3.34% and then on our current Standard Variable Rate of 5.74% (variable) for the remaining 15 years would require 60 monthly payments of £7,147.14 and 180 monthly payments of £8,388.77 plus one initial interest payment of £3,545.89.

The total amount payable would be £1,944,926.89 made up of the loan amount plus interest (£692,352.89) and Arrangement fee (£499), Valuation Fee (£1,800) CHAPS Fee (£25)Application Fee (£125) and Discharge Fee (£125).

The overall cost for comparison is 4.7% 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  • All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion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.