Dudley’s Two New Major Mortgage Product Launches
We have recently launched new five-year fixed-rate products across Residential, Buy-to-Let, Expat, and Holiday Let, with rates from 5.28% until December 2029.
Moreover, we’ve also reduced our two-year discount residential products at 60%, 75%, and 90% LTV, by 0.61%.
These launches and changes are aimed at providing enhanced flexibility, competitive rates, and tailored solutions for a wide range of borrowers.
New five-year fixed rate mortgages across our products range
As of Monday, 21st October 2024, Dudley Building Society introduced a selection of competitive five-year fixed-rate mortgage products. These new products cater to homebuyers, expats, landlords, and holiday let investors, with LTV up to 90%.
What we introduced:
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Residential: 5-Year Fixed Rate until 31/12/2029 at 5.28% for up to 75% LTV, and 5.34% for up to 90% LTV, each with a £999 arrangement fee.
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Expat Residential: 5-Year Fixed Rate until 31/12/2029 with rates of 5.44% for up to 75% LTV and 5.49% for up to 85% LTV, along with a £1,999 arrangement fee.
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to 80% LTV, with a £1,499 arrangement fee.
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Expat Buy-to-Let and Expat Holiday Let: Fixed 5-Year Rate until 31/12/2029 at 5.64% for loans up to 80% LTV, with a £1,999 arrangement fee.
These products offer the flexibility for borrowers to repay up to 10% of the advance amount annually without penalty, allowing customers to manage their finances effectively.
New two-year discount residential mortgages
Effective Monday, 11th November 2024, we launched three two-year discount mortgage products for residential customers, with rate reductions of up to 0.61%.
This new range introduces a 60% LTV tier and offers competitive rates across three LTV tiers:
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60% LTV: 5.18% (3.56% Two-Year Discount)
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75% LTV: 5.38% (3.36% Two-Year Discount)
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90% LTV: 5.58% (3.16% Two-Year Discount)
These two-year discount mortgages will provide short-term flexibility, making them ideal for first-time buyers, those refinancing their property and clients seeking clients seeking manageable rates in a shorter timeframe.
Further reading
Check out our mortgage product range and see what we can offer your client.
About us
We are a broker-friendly lender and would love to hear from you. Follow the links to find out more:
Find out more about our Expat Mortgages
Find out more about our Holiday Lets Mortgages.
Check out our latest mortgage rates and product guides
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