Effective from today (Monday 11th November), Dudley Building Society has launched three 2-year discount mortgage products for residential customers.
The products include a rate reduction of up to 0.61% on 75% and 90% loan-to-value (LTV) tiers and includes the reintroduction of a 60% LTV tier.
The 2-year discount products are aimed at residential customers seeking short-term flexibility on their mortgages.
Replacing the existing discount-for-term options, the society’s 2-year discount products are available across the following LTV tiers: 5.18% at 60% LTV with a 3.56% 2-year discount, 5.38% at 75% LTV with a 3.36% 2-year discount, and 5.58% at 90% LTV with a 3.16% 2-year discount.
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, said: “The launch of this suite of competitive, 2-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.”
