DUDLEY Reintroduce interest-only resi, and increase products available at 80%

Further enhancements to our product range

We are delighted to inform you that we have made further changes to our product range.

Our current range of fixed-rate residential products are being replaced with a new and increased 80% LTV range. We are also reintroducing our interest-only product offering and are launching a new discount for term product.

For full details of our lending criteria, please see our intermediary manual.

Products

Our product range can be found below. For more details, please visit our products page.

With the reintroduction of interest-only, our key criteria includes:

  • No minimum equity requirements
  • Sale of main residence is accepted – using the current equity, two comparable properties that are currently being marketed must be located within a 3 mile radius, or in the area that the borrowers have declared to be where they will downsize to
  • Part and Part options are available
  • Capital raising is accepted subject to meeting our standard criteria

Thank you once again for your continued support. If you have any questions, please contact our Business Development Team on 01384 489195.

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