Dudley Building Society has announced that it has launched new two-year discount residential mortgage products with rate reductions of up to 0.61% on 75% and 90% Loan-to-Value tiers and includes the reintroduction of a 60% LTV tier, designed to meet the "evolving needs of borrowers in today’s market."
Replacing the existing discount-for-term options, the society’s new products are available across the following LTV tiers:
60% LTV: 5.18% (3.56% Two-Year Discount)
75% LTV: 5.38% (3.36% Two-Year Discount)
90% LTV: 5.58% (3.16% Two-Year Discount)
The two-year discount products are aimed at residential customers seeking short-term flexibility on their mortgages. According to the society, the range is ideal for first-time buyers, homeowners looking to refinance, and clients aiming for manageable rates within a two-year timeframe.
Robert Oliver, Distribution Director at Dudley Building Society, commented: “The launch of this suite of competitive, two-year discount mortgage options, is designed to meet the needs of a broader range of borrowers by providing a range of compelling options that balance competitive rates with short-term flexibility.
"We believe these new products will help more people secure financing tailored to their specific goals—whether they’re first-time buyers, refinancing, or simply looking for a flexible mortgage solution.”
