Dudley ups max LTV to 75% for expats

Ryan Bembridge

April 17, 2018

Dudley Building Society has increased its maximum loan-to-value to 75% loan-to-value for expats.

The product has a discounted for term rate of 3.99% with a 1% fee.

Sam Ward, head of lending, said: “Our range seems to becoming increasingly popular in the Ex-Pat market which I believe be due to our flexible criteria and our ability to underwrite complex cases – especially for those that are self-employed.

“Some of the elements proving very popular include the wide range of countries we consider (UK citizens currently living abroad) including Australia, UAE and Hong Kong, along with their relevant currencies; lending on a capital and interest as well as interest-only basis; we have no restrictions on employment types and we also provide the option to capital raise against a UK property for home improvements in another country.”

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