Dudley Building Society has joined MCI Mortgage Club’s panel.
Dudley is known for its manual underwriting, offering a wide range of mortgage products on loans up to £1m at 85% loan-to-value with no minimum income requirement.
The society will consider interest-only mortgages up to 75% LTV with the sale of the borrower’s main residence accepted as an exit strategy. The is also a part and part interest-only and repayment option up to 85% LTV.
Melanie Spencer, group business development and head of MCI Mortgage Club, said: “Dudley Building Society is a great addition to our lender panel as it is versatile with its mortgage products and criteria.”
Samuel Lea, business development manager at Dudley Building Society, said: “MCI Club provides its advisers with a strong proposition, particularly with their investment in technology which helps streamline the customer journey and makes processing more efficient.
“We are therefore delighted to be joining MCI to bring our particular brand of engagement, highlighted by our extensive product offering, human underwriting based on each individual’s circumstances and ongoing customer support.”
This post has originally been featured in Property Wire.