1.75% Holiday Let Discount for Term


Interest Rates


Representing a 1.75% discount off our Buy To Let Residential Standard Variable Rate which is currently 5.49% 

3.9% 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: £750 (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): 1% in the first year and 0.5% for the second year 

Overpayments:  20% of the advance amount can be repaid per annum for two years without incurring a charge. A 1% charge is due on any amount repaid that exceeds 20% per annum for the first year and a 0.5% charge is due on any amount repaid that exceeds 20% per annum for the second year  

Restrictions: The mortgage can be repaid on a capital & interest or interest only basis. 

Other Features: N/A

Please note that we will consider the following:

  • Guarantor mortgages (max 80% LTV)
  • Self-employed applicants with only 1 year's accounts (Max 80% LTV)
  • Joint borrower, sole proprietor
Representative Example

A mortgage of £124,445 payable over 25 years on our discounted rate at 1.75% below the Society’s Buy to Let Standard Variable Rate of 5.49% (variable) for the mortgage term of 25 years would require 300 monthly payments of £639.13 plus one initial interest payment amount of £395.29..
The total amount payable would be £193,399.29 made up of the loan amount plus interest (£67,689.29) and Arrangement fee (£750), Valuation fee (£240), CHAPS fee (£25), Application Fee (£125) and Discharge fee (£125).
The overall cost for comparison is 3.9% 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  • All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion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.