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Dudley BS launches stamp duty offset mortgage

  • 04/02/2021
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Dudley BS launches stamp duty offset mortgage
Dudley Building Society has launched a mortgage which offers £1,000 cashback to help offset costs for purchasers who may miss out on the stamp duty holiday.


The two-year fixed mortgage at 80 per cent loan to value (LTV) has a rate of 3.99 per cent with no arrangement fees and free valuation. 

The minimum loan for the mortgage is £200,000. 

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.  

She added: “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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