Dudley Building Society has reduced rates across its residential, buy-to-let and expat mortgage ranges, with cuts of up to 1.10%.
Dudley Building Society has reduced mortgage rates across its residential, buy-to-let and expat ranges, with selected products falling by as much as 1.10%.
Available for both purchase and remortgage customers, the changes cover 2-year and 5-year fixed rate mortgages, discounted rate products, residential interest-only options and selected buy-to-let and expat products.
Among the reductions, the residential 5-year fixed rate at 75% loan-to-value has fallen from 6.20% to 5.10%, while the residential expat 2-year fixed rate at 75% LTV has reduced from 6.30% to 5.38%.
The Society has also lowered rates on several residential remortgage products, including its 5-year fixed rate at 60% LTV, which has fallen from 6.00% to 4.90%. In addition, Dudley recently increased the maximum loan size available on selected residential products to £1.5m.
Paul Purewal, head of intermediary relations at Dudley Building Society, said: “These reductions represent a notable enhancement across a number of our key residential, buy-to-let and expat products, helping brokers access more competitive options for a wide range of clients.
“While pricing remains an important consideration, we know many borrowers have circumstances that need looking at on their own merits. That’s why competitive rates are only one part of the equation.
“Our approach combines lower rates with the flexibility of individual underwriting, giving brokers more opportunities to place cases that may struggle elsewhere. Whether it’s a straightforward application or one with additional complexities, we take a common-sense view to ensure brokers find a suitable home for their clients.”