"The rate reductions will help brokers provide better value options to their clients, while our manual underwriting approach means we can consider cases on their individual merits."
- Robert Oliver - Dudley Building Society
Dudley Building Society has launched new five-year fixed-rate expat buy-to-let (BTL) products, with rates reduced by up to 81bps across the range. The changes provide brokers with more options for clients investing in UK property from overseas.
The new products include:
Expat BTL five-year fixed – 70% LTV at 5.59%, available on capital and interest, interest-only, or part-and-part repayments.
Expat BTL five-year fixed – 80% LTV at 5.89%, also available on capital and interest, interest-only, or part-and-part terms.
Both products carry a £1,999 arrangement fee and an early repayment charge of 4%, 3%, 2%, 1%, 1% over the five-year term. Borrowers can make overpayments of up to 10% per year without penalty.
The 70% LTV product represents a reduction of 81bps, down from 6.40%, while the 80% LTV option provides greater leverage for brokers supporting clients looking to expand or refinance portfolios.
Expat BTL range refined for brokers
These adjustments form part of Dudley Building Society’s ongoing efforts to refine its expat BTL range, ensuring brokers have access to competitive and practical products for landlords investing in or remortgaging UK property from abroad.
The Society has been providing mortgages and savings accounts locally and nationally since 1858. With five branches in the region, Dudley continues to focus on serving communities in and around the Black Country and West Midlands.
Broker-focused features
“We’ve seen steady demand from brokers placing expat BTL cases, and these new five-year fixed rates are a direct response to that,” said Rob Oliver, distribution director at Dudley Building Society (pictured). “The rate reductions will help brokers provide better value options to their clients, while our manual underwriting approach means we can consider cases on their individual merits."
“For expat landlords, the combination of fixed payments and very reasonable product fee plus repayment features can offer both stability and control at a time when managing overseas investments can feel more complex. We’re continuing to build on our BTL range to ensure brokers have practical, competitive options for every type of landlord.”
