Dudley Building Society has launched a new set of self-build mortgages.

Available at up to 75 per cent LTV at end valuation and with a maximum term of 35 years, the product suite is structured as an SVR discount with rates depending on if stage payments are taken in advance.

Funding before each stage begins sees rates start at 4.74 per cent and in situations where the borrower can fund each stage before drawing down the payment in arrears, 4.49 per cent.

The lender is offering further discounts for green self-builds – advance eco products start at 4.34 per cent and arrears at 4.09 per cent.

Just last week, Dudley came to the market with new Right to Buy and Shared Ownership deals.

Dudley commercial director Sam Ward says: “It is very exciting to see these products emerging. The self-build sector is a growing area where we believe we can provide our broker partners with a well thought out and well priced proposition.

“We are confident that demand for self-build funding can only increase.”