Dudley Building Society has launched a range of two-year fixed rate mortgage products.
The new products are for residential, expat, and buy-to-let (BTL) borrowers.
For residential borrowers, the 5.19% two-year fixed rate is available up to 65% loan-to-value (LTV) with an arrangement fee of £499. This product offers the flexibility to repay up to 10% of the advance annually without penalty.
Meanwhile, the 5.34% two-year fixed rate, available up to 75% LTV, provides the same benefits. Both products are suitable for loan sizes between £25,000 and £1m, with a repayment structure of capital and interest.
For expats looking for residential or BTL mortgages, the 5.79% expat residential two-year fixed rate is available up to 65% LTV, while the 5.94% expat residential two-year fixed rate is offered 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 £1.5m, with options for capital and interest or interest only repayment methods.
For expat landlords, the 5.99% expat BTL two-year fixed rate is available up to 65% LTV with similar terms, supporting loan sizes from £25,000 to £1m
For BTL investors, the 5.70% two-year fixed rate offers an option up to 70% LTV, with a £750 arrangement fee and flexible repayment terms.
Borrowers can choose from capital and interest or interest only repayment structures, and loan sizes are available from £25,000 to £1m
Dudley Building Society distribution director Robert Oliver says: “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 BTL investors.”
