Dudley Building Society has launched new two- and five-year fixed-rate mortgages across its residential, buy-to-let, holiday let and expat lending.  

The mutual says its new range includes: 

• Residential capital and interest two-year fixed – 65% LTV – at 5.40% 

• Residential interest-only two-year fixed – 75% LTV – at 5.70% 

• BTL five-year fixed – 70% LTV – at 5.95% 

• Holiday let five-year fixed – 70% LTV – at 6.10% 

• Expat BTL five-year fixed – 70% LTV – at 6.40% 

The lender says that the arrangement fee for two-year fixes is £499, for five-year fixes it is £1,499 — apart from the expat rate, which is £1,999.   

All of these fees can be added to the loan, as long as the loan to value does not exceed the maximum permitted. 

For the two-year fixes, the early repayment charge is 3% and 1% and for five-year fixes, it is 4%, 3%, 2% and 1% for years four and five. 

Dudley Building Society distribution director Rob Oliver says: “Brokers have been clear that they want more fixed-rate options they can rely on, especially for cases involving landlords, holiday lets and expat borrowers. 

“With these new products, we’re making it easier for brokers to support their clients, keeping the process straightforward and free from unnecessary hurdles.”