Dudley Building Society has reduced rates across its residential, buy-to-let, holiday let and expat mortgage ranges, with cuts of up to 1.00%.
Dudley Building Society has announced a series of mortgage rate cuts across its residential, buy-to-let, holiday let and expat ranges.
The reductions, available for purchase and remortgage cases, apply to selected 2-year and 5-year fixed rate products, as well as discounted products.
The largest reductions are up to 1.00%, with the residential expat 2-year fixed rate at 85% LTV now available at 5.50%, down from 6.50%.
The residential expat 5-year fixed rate at 75% LTV has also been reduced to 5.50%, down from 6.50%.
Dudley has also reduced its residential standard 2-year discount product at 90% LTV to 5.40%, down from 6.15%.
The buy-to-let 2-year fixed rate at 80% LTV is now available at 5.50%, reduced from 6.30%, while the holiday let 2-year fixed rate at 80% LTV has been cut to 5.55%, down from 6.30%.
Paul Purewal, head of intermediary relations at Dudley Building Society, said: “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.”