Dudley BS launches new residential, expat, and buy-to-let products

The Society has launched a new range of two-year fixed rates.


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Wednesday 4th December 2024

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Dudley Building Society has launched a new range of two-year fixed rate mortgage products. 

Designed to cater to residential, expat, and buy-to-let borrowers, the products offer flexible repayment options for both purchase and remortgage purposes.

For residential borrowers, Dudley’s 5.19% two-year fixed rate is available up to 65% LTV with an arrangement fee of £499. This product offers the flexibility to repay up to 10% of the advance annually without penalty. 

Similarly, the 5.34% two-year fix, available up to 75% LTV, provides the same benefits. Both products are suitable for loan sizes between £25,000 and £1,000,000.

For expats, residential two-year fixes are available at 5.79% up to 65% LTV and 5.94% up to 75% LTV. Both products feature a £999 arrangement fee, flexible repayment options, and the ability to repay up to 10% of the advance annually without penalty. Loan sizes range from £25,000 to £1,500,000, with options for capital & interest or interest-only repayment methods. 

For expat landlords, a two-year fix has launched at 5.99% up to 65% LTV with similar terms, supporting loan sizes from £25,000 to £1,000,000.

For buy-to-let investors, Dudley’s 5.70% two-year fix is available up to 70% LTV, with a £750 arrangement fee and flexible repayment terms. Borrowers can choose from capital & interest or interest-only repayment structures, and loan sizes are available from £25,000 to £1,000,000.

Robert Oliver, distribution director at Dudley Building Society, commented: “Borrowers’ needs are becoming increasingly diverse, and we’re proud to introduce a range of two-year fixed rate products designed to support a variety of requirements, from residential homeowners to expat and buy-to-let investors. These products are tailored to provide flexibility and competitive terms, ensuring our customers can confidently navigate today’s marketplace.

“With rising demand for bespoke lending solutions, we’ve focused on creating options that address the unique circumstances of our borrowers. These new offerings give advisers more tools to deliver positive outcomes for their clients, whether they’re purchasing a property or coming to the end of their current deal.”

Rozi Jones - Editor, Financial Reporter

Author:
Rozi Jones Editor, Financial Reporter
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