Dudley Building Society has expanded its mortgage offering with the launch of new fixed-rate products across residential, buy-to-let, holiday let and expat lending.
The range went live today (4th September) and includes both 2 and 5-year options.
The new products feature a residential capital and interest 2-year fixed at 5.40% up to 65% LTV, and a residential interest-only 2-year fixed at 5.70% up to 75% LTV.
For landlords, a 5-year buy-to-let fixed rate is available at 5.95% up to 70% LTV, while the holiday let equivalent is priced at 6.10%. Expat landlords can access a fi5ve-year fixed at 6.40% up to 70% LTV.
Arrangement fees are £499 on 2-year fixed products and £1,499 on 5-year terms, with the expat rate carrying a £1,999 fee.
Fees can be added to the loan provided maximum LTV limits are not exceeded.
Early repayment charges are set at 3% and 1% for the 2-year range, and 4%, 3%, 2% and 1% across the 5-year period.
Rob Oliver, distribution director at Dudley Building Society, said: “Brokers have been clear that they want more fixed-rate options they can rely on, especially for cases involving landlords, holiday lets and expat borrowers.
“With these new products, we’re making it easier for brokers to support their clients, keeping the process straightforward and free from unnecessary hurdles.
“Our role is to take a flexible, common-sense approach so brokers can focus on building relationships and getting deals over the line.”
