Dudley create stamp duty offset mortgage

Jake Carter

February 3, 2021

Dudley Building Society has launched a mortgage to help purchasers who are unlikely to complete before the stamp duty holiday deadline concludes.

The offering is an 80% LTV 2-year fix at 3.99%.

The deal includes £1,000 cashback, no arrangement fee and free valuations.

Sam Ward, commercial director of Dudley Building Society, said: “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.”

Sign up to our daily email