Dudley Building Society has launched new two and five-year fixed rates across residential, buy-to-let, holiday let and expat lending.
The new range includes residential two-year fixed rates from 5.40% up to 65% LTV and interest-only two-year fixes from 5.70% at 75% LTV.
New buy-to-let five-year fixed rates have launched from 5.95% at 70% LTV, with a five-year expat buy-to-let rate available at 6.40%.
In addition, a holiday let five-year fix at 70% LTV has launched at 6.10%.
The arrangement fee is £499 for the two-year fixed rates and £1,499 for five-year fixes, apart from the expat rate which is £1,999. All of these fees can be added to the loan, as long as the loan to value does not exceed the maximum permitted.
The new rates are designed to provide brokers with a wider set of fixed rate choices to support clients with varying needs, from homeowners looking for shorter-term certainty to landlords and expats seeking long-term stability on rental investments.
Rob Oliver (pictured), distribution director at Dudley Building Society, said: “Brokers have been clear that they want more fixed rate options they can rely on, especially for cases involving landlords, holiday lets and expat borrowers. With these new products, we’re making it easier for brokers to support their clients, keeping the process straightforward and free from unnecessary hurdles.
“Our role is to take a flexible, common-sense approach so brokers can focus on building relationships and getting deals over the line.”
