Dudley Building Society
| Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
|---|---|---|---|
| All Products | 0.80% | 0.37% | 0.18% |
Dudley Building Society has been providing mortgages and savings accounts to the people of the Black Country for over 160 years. However, in late 2013 it decided to appoint a small number of strategic partners to widen its distribution and substantially grow its mortgage book. Complete FS were one of the companies chosen to do this and with Dudley’s innovative approach to lending has successfully supported this growth.
In July 2019 Dudley Building Society were the 6th lender on the Complete panel to provide an onsite underwriter; Anna Pullen will be with Complete FS two days a fortnight and will look after all DIP’s and subsequent mortgage applications. This will improve turnaround times and Phil Jay, Director of Complete FS said “Working closely with Dudley BS, particularly being their most effective partner in terms of business quality and the percentage of cases which are correctly packaged and presented, having their underwriter with us two days a fortnight can only further improve that trend of successfully completed cases.”
SEPTEMBER 2022
We are pleased to announce that Dudley have just released a 5-year fixed rate at 4.99% with only 3yr ERC!
Exclusively available via Complete FS.
This exclusive product is available up to 90% LTV and Dudley’s usual flexible criteria. With the cost of living and mortgage rate rises, this could be a great option for your residential clients to secure their mortgage for 5 years in these turbulent times.
Key benefits:
- 4.99% 5-year fixed rate
- Max Loan To Value: 90%
- Available for: Purchase and Remortgage
- Min/Max Advance: £25,000/£1,000,000
- Lender Arrangement Fee: £499
- Valuation Fee: Payable on application
- Application Fee: £125
- Early Repayment Charge (ERC): 3% of current balance in the first year and 1% for years two and three
- Overpayments: 10% of the advance amount can be repaid per annum for three years without incurring a charge.
- Procuration fee of 0.37%
This offer is exclusively available and there is a very limited tranche of funds available, for more information or help with a residential enquiry please call the team on 02380 456 999 Option 1.
Ex Pat BTL & Ex Pat Resi
Self Employed
- Applicants must be UK citizens
- 1 years trading accepted up to 75% LTV
- BTL and Holiday Let up to 70% LTV
- 2 years trading required for core products
- Residential up to 80% LTV
- Salary and dividends used for LTD co. directors
- Interest only accepted
- Net profit used for sole traders
- All countries and currencies considered
- Contractors accepted
- Self-employed considered
Buy-to-Let
Interest Only
- Max 70% LTV
- Up to 75% LTV
- No minimum income
- Sale of main residence as a repayment strategy
- Holiday Let purchase and remortgage considered
- No minimum equity requirements
- CBTL and RBTL applications accepted
- Part and part available up to 85% LTV
Self Build & Custom Build
Multiple income streams accepted
- Arrears and Advanced payment products available
- Rental income
- Maximum LTV of 75% of the GDV and 80% of the land value
- Benefit income
- Affordability is calculated on a C&I basis
- Investment income
- A 20% contingency is required (this can be built into the loan)
- Pension income
- Rental costs can be ignored if 12 months worth of savings can be evidenced
- Trust income
- Foreign currency income
Complete are supported by Sam Lea as BDM and Anna Pullen as the
in-house underwriter
New Enquiry/Case Tracking
For all your online enquiries, DIP’s, applications and case updates you can use BORIS.
View our latest email
Complete Introducer Service
Want to introducer to us? We have fully qualified mortgage advisers who will take on the advice part for you.
