Effective from Monday, 11th November, Dudley Building Society has implemented the launch of three two-year discount mortgage products for residential customers.
The products include a rate reduction of up to 0.61% on 75% and 90% Loan-to-Value (LTV) tiers and includes the reintroduction of a 60% LTV tier, designed to meet the evolving needs of borrowers in today’s market.
Replacing the existing discount-for-term options, the Society’s two-year discount products are designed to provide borrowers with competitive rates across the following LTV tiers:
- 60% LTV: 5.18% (3.56% Two-Year Discount)
- 75% LTV: 5.38% (3.36% Two-Year Discount)
- 90% LTV: 5.58% (3.16% Two-Year Discount)
The two-year discount products are aimed at residential customers seeking short-term flexibility on their mortgages. The range is ideal for first-time buyers, homeowners looking to refinance, and clients aiming for manageable rates within a two-year timeframe.
These products provide versatility and affordability, enabling Dudley Building Society to expand its reach and better serve brokers and their clients across varying financial backgrounds.
Robert Oliver, Distribution Director at Dudley Building Society, commented:
“The launch of this suite of competitive, two-year discount mortgage options, is designed to meet the needs of a broader range of borrowers by providing a range of compelling options that balance competitive rates with short-term flexibility.
"We believe these new products will help more people secure financing tailored to their specific goals—whether they’re first-time buyers, refinancing, or simply looking for a flexible mortgage solution.”
