Market Harborough BS reduces rates

Residential and let fixed rates are cut by 0.50%

Market Harborough BS reduces rates

Market Harborough Building Society (MHBS) has made a 0.50% reduction to its residential and let fixed rates.

As a result of the latest reprice, the mutual now offers residential mortgages starting from 6.40% variable and 5.30% fixed for three years, applicable up to 60% loan-to-value (LTV) with a £995 product fee. The offerings include joint borrower sole proprietor, second homes, and standard applications for simple annexes.

MHBS offers intermediary partners and their clients a range of products catering to borrowing needs ranging from £200,000 to £3.5 million. Fixed rate mortgages are available across its specialist lending range, including expat, let, holiday let, and multi-generation.

“2023 saw another record-breaking year for the society as we provided specialist lending solutions to help more clients than ever before,” Richard Saunders (pictured), head of mortgage proposition at Market Harborough Building Society, said. “We’re excited to start the new year with a positive reduction in our fixed rates to help those looking to move or remortgage.”

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