The residential expat two-year fixed mortgage at 85% loan to value (LTV) has been reduced by 100bps, falling from 6.5% to 5.5%.
Additionally, its residential expat five-year fixed mortgage at 75% LTV has also been cut by 100bps, decreasing from 6.5% to 5.5%.
The residential standard two-year discount product at 90% LTV has been lowered by 75bps from 6.15% to 5.4%.
Dudley Building Society’s BTL two-year fixed mortgage at 80% LTV has been reduced by 80bps, with the rate falling from 6.3% to 5.5%.
Furthermore, the holiday let two-year fixed mortgage at 80% LTV has been cut by 75bps, dropping from 6.3% to 5.55%.
The next step towards a better home buying journey
Sponsored by Halifax Intermediaries
Paul Purewal, head of intermediary relations at Dudley Building Society, commented: “We’ve seen plenty of movement on rates over recent months, and it’s fantastic to be able to make such significant reductions across our range. But a competitive rate only gets you so far if a lender isn’t prepared to look at the detail of a case.
“That’s why we’ve continued to balance competitive pricing with a manual underwriting approach that gives brokers the opportunity to discuss cases with an experienced decision-maker.
“Whether it’s an expat borrower, a holiday let application or a more straightforward residential case, we want brokers to know they’ll receive the same level of support. Every case is assessed on its own merits, helping us find sensible lending solutions for a broader range of borrowers.”
