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‘Stamp Duty Offset’ mortgage from Dudley BS

04 February 2021

With the Stamp Duty holiday still due to end on 31st March, Dudley Building Society has launched a mortgage to help those purchasers who are unlikely to complete before the deadline expires.

Offering a £1000 cashback, the new 2 year fixed rate mortgage has no arrangement fee and a free valuation.

3.99% two year fixed rate
£1000 cashback
Minimum loan £200,000
Max LTV 80%
No arrangement fee
Free valuation

Speaking about the new initiative, Commercial Director Sam Ward commented, “With uncertainty still looming over the stamp duty holiday deadline and a range of potential solutions currently being debated, we are pleased to announce the launch of our new Stamp Duty product.

This is a great opportunity for advisers to support clients who would like to get a house purchase through amid the uncertainty surrounding the stamp duty deadline. For those borrowers who may miss out, the £1,000 cashback, included as part of the release of funds, can be used to offset stamp duty payments or anything else the borrower may choose.”