Rates start from 3.29 per cent and can be accessed up to 95 per cent loan to value (LTV).
The mutual has also upped the maximum LTV for its five-year fixed rate expat residential product, which is available for purchase and remortgage, from 80 to 90 per cent LTV.
The maximum loan size for this product has risen from £1m and £1.5m and comes with a rate of 3.89 per cent. It has an arrangement fee of £750.
Dudley Building Society added that it had introduced tiered early repayment charge to its products and a discounted early repayment charge (ERC) rate would be available after the first year.
Dudley Building Society’s chief executive Jeremy Wood (pictured) said the rising cost of living was putting more pressure on prospective homeowners.
“We have been listening to our intermediary partners who have demanded longer term products that provide applicants with additional security. Following on from last week’s Bank base rate increase to one per cent, we expect that fixed rate propositions will only continue to be preferred by applicants,” he said.
Wood said “servicing the mortgage needs of financially stretched applicants is increasingly important”, and the products were in response to intermediary partner demand and “wider efforts to serve the underserved”.
Earlier this year, the mutual increased the maximum LTV for its shared ownership, buy-to-let and self-build ranges to widen access.
