Dudley Building Society has reduced buy-to-let mortgage rates as part of a wider pricing refresh across its residential and specialist lending ranges, with overall cuts of up to 1.30% and rates now starting from 4.80%.
The mutual lender, which focuses on residential, landlord and specialist borrowers, has lowered pricing on two-year and five-year fixed-rate products as well as two-year discount options. The updated range is available to landlords, owner-occupiers and specialist applicants, including those applying under Dudley’s expat criteria and its recently launched Skilled Worker Visa products.
Buy-to-let changes include lower pricing on longer-term fixed deals for landlords seeking stability, alongside revised product structures designed to improve consistency across the range.
Key rate changes include:
Buy-to-let five-year fixed at 5.10%, up to 70% LTV, reduced by 0.70%
Expat buy-to-let five-year fixed at 5.15%, up to 70% LTV, reduced by 0.44%
Residential two-year fixed at 4.80%, up to 65% LTV, reduced by 0.60%
Skilled Worker Visa two-year fixed at 4.90%, up to 80% LTV, reduced by 0.55%
Alongside the pricing cuts, Dudley has aligned several of its five-year fixed products to new end dates of 30 April 2031. The society has also updated early repayment charge structures across the range to bring greater uniformity between buy-to-let, residential and specialist products.
All five-year fixed products now carry a stepped ERC profile of 4%, 3%, 2%, 1% and 1%. Two-year fixed and discount products include ERCs of 3% and 2%, and 2% and 1% respectively.
Dudley said the changes are intended to keep its mortgage offering competitive while improving clarity for intermediary partners, placing both landlord and specialist cases. The society added that the revised structure should reduce complexity when comparing products across different borrower types.
“This refresh is about making life easier for brokers at the point of placement,” said Paul Purewal, head of intermediary relations at Dudley Building Society. “We have focused on areas where pricing could be sharpened, while also bringing more consistency across end dates and product structures.
“What we hear time and again is that clarity matters just as much as rate,” he added. “By keeping the range straightforward and aligned, brokers can spend less time explaining the details and more time supporting their clients, whether they are placing a core case or something more specialist.”
