Market Harborough Building Society has announced two key changes to its product range.

The specialist lender has introduced a dedicated range of tiered larger loan deals – now available for residential applications up to £5m.

In addition, it has extended its loan to value (LTV) to accept residential and buy-to-let cases up to 80% LTV, on loans up to £2m.

The Society’s new large loan range starts with rates from 6.29% for a five year fixed rate and a new fixed product fee of £2,495.

Iain Smith (pictured), the Society’s head of mortgage distribution, said: “We promised to keep listening to brokers and taking action to support them. As a high net worth client specialist, our new simplified larger loan deals will help brokers source deals up to £5m.

“And our move to accept cases up to 80% LTV provides them with further flexibility across our residential and let ranges.

“Our tiered products are priced based on the level of case complexity and are designed to help brokers easily find the right product and price for their clients, including those with more challenging circumstances.”