4.74%
Representing a 0.75% discount off our Self-Build Standard Variable Rate which is currently 5.49%.
5.0% APRC
(The overall cost for comparison)
Available for: Purchase and Remortgage
Min/Max Adv: £100,000/£1,000,000
Max Loan To Value: 75% at End Value, 80% at Land Value (including arrangement fee)
Arrangement Fee: £1,000 (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% in the first two years
Overpayments: 10% of the advance amount can be repaid per annum for two years without incurring a charge. A 3% charge is due on any amount repaid that exceeds 10% per annum
Restrictions: N/A
Other Features: Available for advance stage payment releases. The Society is able to take a charge on a second property, the property must have sufficient equity to cover 50% of the requested loan amount (including the contingency fund).
A mortgage of £245,626 payable over 20 years on our discounted rate at 0.75% below the Society’s Self-Build Standard Variable Rate of 5.49% (variable) for the mortgage term of 20 years would require 240 monthly payments of £1,585.95 plus one initial interest payment amount of £988.83. |
- 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- All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion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