Dudley Building Society has launched new two and five-year fixed-rate products across residential and buy-to-let lending.
In its residential range, a five-year fixed rate at 60% LTV is available at 4.99% and a two-year fix at 90% LTV has launched at 5.50%.
For buy-to-let, a two-year fix at 70% LTV starts at 5.50%. New five-year fixes include a 70% LTV product at 5.80% and 80% LTV rate at 5.90%. All products are available on capital and interest, interest only, or part and part.
In addition, a new buy-to-let five-year fixed rate at 5.80% up to 70% LTV has been launched with consumer buy-to-let accepted, plus top-slicing allowed where rental does not fit.
Arrangement fees are £499 for residential and £750 for buy-to-let for the two-year fixed rates, and £999 and £1,499 respectively for the five-year fixed rates.
All products allow borrowers to make overpayments of up to 10% of the loan amount per year without penalty.
Rob Oliver, distribution director at Dudley Building Society, said: “Brokers tell us their clients want choice, certainty and the flexibility to adapt if circumstances change. That’s exactly what these new products are designed to offer. The two-year fixes give people the option to review sooner, while the five-year fixes provide longer term security.
“For residential borrowers, we’ve introduced options that can support both first time buyers and those moving with more equity. For landlords, the new range is about giving them practical choices to manage cash flow and plan ahead.
“We’ve kept fees straightforward, allowed for regular overpayments, and continue to underwrite every case by hand. That means brokers can bring us complex cases and know they’ll be considered on their own merits. Combined with the earlier product launches this month, this is another step in making sure brokers have the tools they need to place more cases successfully.”
