"These new mortgage products, particularly the reductions in our Expat and Buy-to-Let discount ranges, are designed to offer more value and flexibility for borrowers in niche markets"
- Robert Oliver - Dudley Building Society
Dudley Building Society has announced that it has expanded its mortgage offering by introducing new five-year fixed products across residential, buy-to-let, and holiday let lending.
There are 2 five-year fixes for residential borrowers, 75% LTV at 5.28% and 90% LTV at 5.34%. For Holiday Lets there is a new five-year product – 80% LTV at 5.38% and for buy-to-let, a new five-year 80% LTV product at 5.38%.
All new products come with loan sizes ranging between £25,000 and £1 million and are fixed until June 30th 2030.
Alongside the new products, the society has also announced reductions of up to 0.39% across its discounted rate mortgage products.
Key highlights of the discounted rate reductions include:
Residential Expat Two-Year Discount – 60% LTV: 5.70% (reduced from 6.09%, -0.39%).
BTL Expat Two-Year Discount – 70% LTV: 5.85% (reduced from 6.19%, -0.34%).
Holiday Let Expat Two-Year Discount – 70% LTV: 5.95% (reduced from 6.19%, -0.24%).
“At Dudley Building Society, we recognise the complexities of specialist lending and are on hand to provide competitive options that align with broker requirements,” said Robert Oliver (pictured), Distribution Director at Dudley Building Society, “We continue to listen to brokers and respond to market demand with solutions that help them support their clients effectively. These new mortgage products, particularly the reductions in our Expat and Buy-to-Let discount ranges, are designed to offer more value and flexibility for borrowers in niche markets.
