Dudley Building Society has cut mortgage rates by up to 1.30% across its residential, buy-to-let and specialist lending product suites.
The updated range includes two-year and five-year fixed-rate products and two-year discount options tailored for owner-occupiers, landlords and specialist borrowers.
This includes those applying under Dudley’s expat and recently launched Skilled Worker Visa criteria.
Selected rate highlights include:
● Residential two-year fixed at 4.80%, up to 65% LTV, reduced by 0.60%
● Buy-to-let five-year fixed at 5.10%, up to 70% LTV, reduced by 0.70%
● Skilled Worker Visa two-year fixed at 4.90%, up to 80% LTV, reduced by 0.55%
● Expat buy-to-let five-year fixed at 5.15%, up to 70% LTV, reduced by 0.44%
As part of the changes, Dudley has aligned a number of its five-year fixed products to new end dates of April 2031, while also updating ERC structures across the range.
All five-year fixes feature a stepped ERC profile of 4%, 3%, 2%, 1%, 1%, while two-year fixes and discounts include ERCs of 3%, 2% and 2%, 1% respectively.
A spokesperson says: “This refresh is about making life easier for brokers at the point of placement.
“We have focused on areas where pricing could be sharpened, while also bringing more consistency across end dates and product structures.
“What we hear time and again is that clarity matters just as much as rate.
“By keeping the range straightforward and aligned, brokers can spend less time explaining the detail and more time supporting their clients, whether they are placing a core case or something more specialist.”
