Dudley BS launches new two-year discount range with reductions of up to 0.61%

The Society has reintroduced a 60% LTV tier as part of the product launch.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
11th November 2024
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"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."
- Robert Oliver, distribution director at Dudley Building Society

Dudley Building Society has launched three two-year discount mortgage products for residential customers. 

The products include a rate reduction of up to 0.61% on 75% and 90% LTV tiers and the reintroduction of a 60% LTV tier.

Replacing the existing discount-for-term options, the Society’s two-year discount products start from 5.18% at 60% LTV (representing a 3.56% discount off the Society's SVR for the first two years), 5.38% at 75% LTV (3.36% two-year discount), and 5.58% at 90% LTV (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.

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.”

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