The lender is lowering rates by up to 0.80% across its fixed, discounted, and interest-only products.
Two-year fixed residential mortgage rates will see a reduction of 0.70%, down to 5.69% for loans up to 75% LTV, and 5.99% for loans up to 90% LTV.
The biggest cut is to the society’s residential two-year interest-only fixed rate, which will be cut to 5.69%, down from 6.49%, for loans up to 75% LTV.
In addition, Dudley Building Society will be lowering rates across its BTL and holiday let products, with BTL two-year fixed rates now starting at 6.15% for loans up to 80% LTV, while the BTL Discount for Term rate will be reduced to 6.25% for loans up to 80% LTV.
Expat and eco self-building products have also seen rate reductions.
Robert Oliver, Distribution Director at Dudley Building Society, commented:
“We are excited to be making significant rate cuts across our mortgage range. These reductions, combined with our flexible and manual approach to underwriting, and our dedication to maintaining our service levels, means we can support more brokers and their clients.
“This marks our second rate cut of the year as we continue to offer brokers competitively priced specialist mortgages.”
