The Dudley reintroduces lending into retirement option | Mortgage Strategy

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Dudley Building Society has made its full range of mortgage products available for ‘lending into retirement’ once again.

The option is available for borrowers who are looking to extend their term beyond their planned retirement age on products up to a maximum LTV of 75 per cent.

For the extended term to be allowed, borrowers must have more than ten years from the date of completion to retirement.

Dudley Building Society commercial director Sam Ward says:  “Since August 2020 we have gradually reintroduced the major parts of our successful product and criteria proposition with which our introducers were familiar. We now feel it is the right moment to bring back an option for customers who might have been restricted by wanting to borrow up to and into retirement.” 


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