The Dudley unveils refreshed mortgage range from 5.70%

Published on

Dudley Building Society has launched a new set of mortgage products across residential, expat, buy-to-let and holiday let lending, with rates starting at 5.70%.

The revised range, introduced today, offers brokers a broader choice of fixed and discounted options designed for borrowers with more complex needs or those who are underserved by mainstream lenders.

Headline products include a standard residential five-year fixed at 75% LTV priced at 5.70%, an expat residential two-year discount at 60% LTV at 5.90%, a buy-to-let two-year discount at 80% LTV at 6.30%, and a holiday let two-year discount at 80% LTV at 6.50%.

Other notable additions are an expat buy-to-let two-year discount at 70% LTV at 6.50% and an expat holiday let two-year discount at 70% LTV at 6.70%. The society has also introduced specialist discount products for large loans, expat holiday lets and expat buy-to-let cases, with loan-to-value ratios available up to 90% and borrowing from £25,000 to £2.5 million.

The lender continues to operate a manual underwriting approach, allowing it to consider applications on a case-by-case basis. It said the expanded discount range is intended to help brokers secure finance for clients such as expats, portfolio landlords and buyers of non-standard properties including holiday lets.

Robert Oliver

Rob Oliver, distribution director at Dudley Building Society, said: “We’ve introduced this latest set of products to ensure brokers have access to options that reflect the full diversity of their client base.

“Whether it’s supporting landlords expanding into holiday lets or helping expats invest back in the UK, we want brokers to know they can come to us for flexible, case-by-case lending.

“Our approach remains the same. Listen to the market, provide solutions that make a difference, and keep things simple for brokers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

L&G names Cecilia Furner as distribution director for retail retirement

Legal & General has appointed Cecilia Furner to the newly created role of distribution...

Momenti launches new research project into broker decision-making

Momenti Group has unveiled a new research initiative, titled WHY, which aims to shed...

Castle Trust Bank introduces drawdown option for light refurbishment bridging loans

Castle Trust Bank has launched a new light refurbishment bridging product that allows borrowers...

HTB supports £11.9m scheme to deliver 58 new homes in Ashford

Hampshire Trust Bank (HTB) has agreed an £11.9m development facility to fund the construction...

Allica Bank expands into new London HQ

Allica Bank has opened a new London headquarters near Old Street as the fast-growing...

Latest publication

Other news

L&G names Cecilia Furner as distribution director for retail retirement

Legal & General has appointed Cecilia Furner to the newly created role of distribution...

Momenti launches new research project into broker decision-making

Momenti Group has unveiled a new research initiative, titled WHY, which aims to shed...

Castle Trust Bank introduces drawdown option for light refurbishment bridging loans

Castle Trust Bank has launched a new light refurbishment bridging product that allows borrowers...