Dudley launches remo for listed buildings

The listed building product range includes three products aimed at Grade 1, Grade 2* and Grade 2 properties.

Jeremy Wood, chief executive of the Dudley, said: “This is a niche which our research told us was under-represented.

“We believe it is important to support customers who, by occupying these culturally important properties, are helping to keep alive vital parts of our shared heritage. The products we have designed are made more attractive as the discount on the rate we offer extends to the end of the mortgage. ”

Rob Killeen, business manager at Capital Fortune, said: “This new listed property product launch is yet further testament to the society’s innovation and success.

“Whilst enabling a great many people to own and refinance historically important buildings, its virtues are firmly rooted at the heart of what Dudley does best – standing proud for the traditions and local communities for whom it was formed originally.”

Grade 1, Grade 2* and Grade 2 properties

• Up to 70% LTV

• 3.99% variable (1% discount off SVR for life of loan)

• 5-25 years (Grade 1 to max 20 years)

• Overpay up to 10% of advance for first three years

• Capital & Interest

Grade 2* and Grade 2 properties

• Up to 75% LTV

• 4.24% variable (0.75% discount of SVR for life of loan)

• 5-25 years

• Overpay up to 10% of advance for first three years

• Capital & Interest

Grade 2 properties

• Up to 80% LTV

• 4.24% variable (0.75% discount of SVR for life of loan)

• 5-25 years

• Overpay up to 10% of advance for first three years

• Capital & Interest