Dudley Building Society releases later life lending guide

Ryan Bembridge

July 6, 2018

Dudley Building Society has released a later life lending guide with product and criteria information for its intermediary partners.

The PDF includes quick reference tables to define the society’s approach to older borrowers.

Jeremy Wood, chief executive of the Midlands based building society, said: “We were first to scrap upper age limits a few years ago and we now lead the way in this area of lending, with many of our partners embracing the change.

“We have created this guide to remind our partners of our approach and give quick and easy access to criteria and product information.”

He added: “I believe the key to success in this area of the market is the quality of advice that is given to ensure borrowers arrive at the right solution based upon their individual needs.

“The case studies that feature in the guide highlight the strength and importance of quality advice and skilled, tailored underwriting.”

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