Dudley BS adds fees assisted remortgage products
02 February 2021
In the wake of a mortgage maturities spike in December, Dudley Building Society has announced the launch of three new products aimed at the remortgage channel with free standard valuation, free legal fees* and a fixed £499 administration fee.
|
Remortgage Products |
Rate |
LTV |
Fee |
|
3 year fixed rate |
3.84% |
85% |
£499 |
|
1.2% 2 year discount |
3.79% |
85% |
£499 |
|
1.05% discount for term - interest only |
3.94% |
75% |
£499 |
Speaking about the growing need to ensure that advisers have strong remortgage options, Commercial Director, Sam Ward, commented, “We are delighted to announce the launch of a range of fees assisted remortgage products. December was the biggest month for mortgage maturities in 2020, with almost 170,000 accounts reaching the end of existing deals, according to data from CACI.”
Sam continued, “We recognise now more than ever, how important it is to support broker customers by providing product options which suit their needs during this challenging time.”
