"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"
- Rob Oliver - Dudley Building Society
Dudley Building Society has launched a refreshed selection of two- and five-year fixed and discount mortgage products across buy-to-let (BTL), holiday let, residential, and expat lending. The move aims to give brokers more options when placing cases for homebuyers, landlords, and clients based overseas.
The updated products are designed to support a broad mix of borrowers, from first-time buyers and home movers to expats returning to the UK and landlords expanding or reshaping their portfolios. The Society said the refreshed fixed-rate options provide greater stability for those planning ahead.
Highlights of the new range
Buy-to-let (BTL)
Two-year fixed – 80% LTV – 5.70%
Two-year discount – 70% LTV – discounted rate of 2.99% from the standard variable rate
Holiday let
Two-year fixed – 80% LTV – 5.90%
Five-year fixed – 80% LTV – 5.80%
Residential
Two-year fixed – 75% LTV – 5.45%
Expat
Two-year fixed – 65% LTV – 5.85%
Five-year fixed – 65% LTV – 5.65%
Arrangement fees start from £499 on residential fixed products. For expat mortgages, fees are £999 and £1,999, while BTL and holiday let products carry fees of £750 and £1,499, depending on the term and LTV. All fees can be added to the loan as long as the maximum LTV is not exceeded.
Borrowers across the range can repay up to 10% of the loan each year without charge, giving brokers greater flexibility when advising clients who want to reduce balances during the initial term.
Rob Oliver, distribution director at Dudley Building Society (pictured), 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.”
