We reduced our discounted rates by up to 0.39% and launched new five-year fixed products
Today, we have announced reductions of up to 0.39% across our discounted rate mortgage products, alongside the launch of a range of new five-year fixed mortgages. These changes are designed to support brokers in securing competitive solutions for their clients.
Key highlights of the discounted rate reductions include:
● Residential Expat Two-Year Discount – 60% LTV: 5.70% (reduced from 6.09%, -0.39%).
● BTL Expat Two-Year Discount – 70% LTV: 5.85% (reduced from 6.19%, -0.34%).
● Holiday Let Expat Two-Year Discount – 70% LTV: 5.95% (reduced from 6.19%, -0.24%).
Alongside these reductions, we have also expanded our mortgage offering with the introduction of new five-year fixed products across residential, buy-to-let, and holiday let lending:
● Residential Five-Year Fixed – 75% LTV: Fixed until 30th June 2030 at 5.28%.
● Residential Five-Year Fixed – 90% LTV: Fixed until 30th June 2030 at 5.34%.
● Holiday Let Five-Year Fixed – 80% LTV: Fixed until 30th June 2030 at 5.38%.
● BTL Five-Year Fixed – 80% LTV: Fixed until 30th June 2030 at 5.38%.
This latest update follows our recent rate reductions across our mortgage retention products in January, which included rate cuts of up to 0.40%, the introduction of new discounted rate products, and an expansion of its interest-only options.
Robert Oliver, Distribution Director at Dudley Building Society, commented: “At Dudley Building Society, we recognise the complexities of specialist lending and are on hand to provide competitive options that align with broker requirements.”
“We continue to listen to brokers and respond to market demand with solutions that help them support their clients effectively. These new mortgage products, particularly the reductions in our Expat and Buy-to-Let discount ranges, are designed to offer more value and flexibility for borrowers in niche markets."
For more information on all of Dudley Building Society’s latest mortgage offerings, visit www.dudleybuildingsociety.co.uk.