Product changes from Dudley Building Society
Dudley Building Society have a new by-to-let product that offers:
- Flexibility of a 2-year ERC on a discounted for term product
- A lower arrangement fee at 1.00%
Their unique lending criteria includes:
- Joint mortgage, sole proprietor
- Interest-only, part & part and capital & interest
- Consumer BTL applications
- Terms up to 40 years
- No upper age limit
- Ex-pat BTL
In addition to the above, they have recently revised their Interest Coverage Ratio (ICR) calculations dependent on a clients tax bracket and have launched a new BTL affordability calculator.
Access Dudley Building Society through TFC Homeloans.