Dudley Building Society has announced a new two-year BTL product as part of a wider product rollout.
The firm is launching a number of two-year fixed rate mortgages, effective today, for customers across residential, expat and BTL sectors.
Specifically, BTL borrowers can access the new mortgage from 5.7% at an LTV of up to 70%.
This mortgage, available in loan sizes from £25,000 to £1m, carries a £750 arrangement fee.
Borrowers can choose from capital and interest or interest only repayment structures.
Expat landlords are also being catered for, and can access the 5.99% expat BTL two-year fixed-rate mortgage available up to 65% LTV. Again, this is available on loan sums from £25,000 to £1m.
Robert Oliver, distribution director at Dudley Building Society (pictured above), commented: “These products are tailored to provide flexibility and competitive terms, ensuring our customers can confidently navigate today’s marketplace.
“With rising demand for bespoke lending solutions, we’ve focused on creating options that address the unique circumstances of our borrowers.
“These new offerings give advisers more tools to deliver positive outcomes for their clients, whether they’re purchasing a property or coming to the end of their current deal.”
