Dudley Building Society has made rate cuts of up to 100bps across several of its product ranges, including BTL and Holiday Let mortgages.
These reductions are available for both purchase and remortgage cases.
Highlights include a BTL two-year fixed at 80% LTV now available from 5.5%, after previously having a rate of 6.3%.
And Dudley’s Holiday Let two-year fixed at 80% LTV has been cut from 6.30% to 5.5%.
Cuts have also been made to the building society’s residential and expat mortgage ranges.
“We’ve seen plenty of movement on rates over recent months, and it’s fantastic to be able to make such significant reductions across our range,” said Paul Purewal, head of intermediary relations at Dudley Building Society (pictured above).
“But a competitive rate only gets you so far if a lender isn’t prepared to look at the detail of a case.
“That’s why we’ve continued to balance competitive pricing with a manual underwriting approach that gives brokers the opportunity to discuss cases with an experienced decision-maker.”