Dudley BS launches six products

Dudley Building Society has added six new products to its range – including 5-year fixes at 3.99% for purchase and remortgage.

Discounted SVR rates meanwhile stand at 3.79% to 60% LTV and 3.99% to 75% LTV for purchase and remortgage.

Borrowers can take out loans between £25,000 and £1m with terms ranging from five years to 35. The lender's remortgage incentive package includes fee assisted legals and free valuation.

Jonathan Moore, head of credit, said: “These new products complement our existing range and will work well with the current market desire for longer term incentivised periods.

“They will also support our revised approach to lending to older borrowers, who are more likely to desire a mortgage solution which avoids the need for regular remortgaging.

“By adding a 5-year fixed range, clients now have a 2, 3 and 5-year option as well as four attractive discounted rate products for both purchase and remortgage.”