Rob Oliver

Dudley BS refreshes mortgage range with new fixed and discount options

Dudley Building Society has introduced a refreshed range of 2-year and 5-year fixed and discount mortgage products across its residential, buy-to-let, holiday let and expat lines, giving brokers more choice when placing cases for homebuyers, landlords and clients based overseas.

The society said the expanded range has been shaped around borrower demand and broker feedback, supporting scenarios from first-time buyers and home movers to expats returning to the UK and landlords expanding portfolios. Updated fixed-rate options also offer greater stability for clients planning ahead.

Residential highlights include a 2-year fixed at 5.45% up to 75% LTV. In the expat range, the launches include a 2-year fixed at 5.85% and a 5-year fixed at 5.65%, both up to 65% LTV.

For landlords, the BTL update features a 2-year fixed at 5.70% to 80% LTV and a 2-year discount option to 70% LTV at 2.99% below the society’s standard variable rate.

Holiday let products include a 2-year fixed at 5.90% and a 5-year fixed at 5.80%, both to 80% LTV.

Arrangement fees start from £499 on residential fixed products, with £999 or £1,999 across expat options, and £750 or £1,499 for BTL and holiday let depending on term and LTV.

Fees can be added to the loan where maximum LTV permits. Borrowers can also repay up to 10% of the loan each year without charge.

Rob Oliver, distribution director at Dudley Building Society, said: “We have looked at the data across our book, listened to what brokers told us in meetings, and have shaped this new range around the areas where we knew we could make a real difference.

“That includes more depth in our expat line for clients returning to the UK, and buy-to-let and holiday let choices that reflect where demand is growing.

“Every product has been shaped with real cases in mind, and we hope this gives brokers more confidence when matching a client’s plans to the right route.”

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