Dudley Building Society has launched new two- and five-year fixed-rate mortgages throughout its residential, buy-to-let, vacation let and expat lending.
The mutual says its new vary consists of:
The lender says that the association price for two-year fixes is £499, for five-year fixes it’s £1,499 — other than the expat charge, which is £1,999.
All of these charges may be added to the mortgage, so long as the mortgage to worth doesn’t exceed the utmost permitted.
For the two-year fixes, the early compensation cost is 3% and 1% and for five-year fixes, it’s 4%, 3%, 2% and 1% for years 4 and 5.
Dudley Building Society distribution director Rob Oliver says: “Brokers have been clear that they need extra fixed-rate choices they will depend on, particularly for instances involving landlords, vacation lets and expat debtors.
“With these new merchandise, we’re making it simpler for brokers to assist their purchasers, preserving the method simple and free from pointless hurdles.”