Dudley create stamp duty offset mortgage

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

Dudley create stamp duty offset mortgage

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.”

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