The Dudley cuts discounted rates and adds new five-year fixes

Dudley Building Society has made reductions of up to 39 basis points (bps) across its discounted rate mortgage products.

It has also launched a range of new five-year fixed mortgages.

Highlights of the discounted rate reductions include:

Residential Expat Two-Year Discount – 60% LTV: 5.70% (reduced from 6.09%).
Buy-to-let Expat Two-Year Discount – 70% LTV: 5.85% (reduced from 6.19%).
Holiday Let Expat Two-Year Discount – 70% LTV: 5.95% (reduced from 6.19%).

In addition, Dudley Building Society has also expanded its 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%.
Buy-to-let Five-Year Fixed – 80% LTV: Fixed until 30th June 2030 at 5.38%.

All new products come with loan sizes ranging between £25,000 and £1 million.

Robert Oliver, distribution director at Dudley Building Society, said: “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.”