Dudley Building Society has launched a large loan residential mortgage offering to the whole of the market.
Access to the society’s large loan mortgages had previously been limited to an exclusive number of brokers, but the range has now opened to the wider intermediary market.
Dudley offers residential large loans ranging from £1m to £2.5m, available for both purchase and remortgage, with rates starting at 6.19%.
The society’s large loan mortgages are also available for expats, where one or more of the applicants are residing outside of the UK, and the property will be lived in by the borrower’s family, as well as by the borrower themselves when in the country. For expats, rates start at 6.49%.
“We are thrilled to open up our large loan mortgages to the wider intermediary market, giving all brokers access to our products,” distribution director at Dudley Building Society, Robert Oliver, commented.
“Our large loan mortgages are a perfect fit for high-earning individuals who require a personalised and flexible approach from their mortgage lender.
“We take pride in our manual approach to mortgages, which enables us to assist borrowers with complex situations and incomes. We look forward to helping brokers and their clients with their large loan mortgage needs.”
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