Two Year Fixed Rate BTL 
Interest Rates 

3.69%

Representing a Fixed Rate of 3.69% for the first two years, changing to our Buy-to-Let Standard Variable Rate which is currently 5.49%

5.4% 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%

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):  3% of the current balance for the first year and 1% for the second year

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 for the first year and a 1% charge for the second year

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

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
Representative Example

A mortgage of £124,445 payable over 25 years initially on a fixed rate for 2 years at 3.69% and then on our current Buy-to-Let Standard Variable Rate of 5.49% (variable) for the remaining 23 years would require 24 monthly payments of £635.75 and 276 monthly payments of £754.70  plus one initial interest payment of £390.01.

The total amount payable would be £225,210.21  made up of the loan amount plus interest (£99,500.21) and Arrangement Fee (£750), Valuation Fee (£240), CHAPS fee (£25), Application Fee (£125) and Discharge fee (£125).

The overall cost for comparison is 5.4% 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  • All Dudley Building Society mortgage products are subject to limited availability and may be withdrawn at the Society's discretion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