Market Harborough Building Society has reduced fixed mortgage rates by up to 0.23% across its residential and buy-to-let product ranges, including mortgages for expat and high net worth borrowers.
The changes, which take effect immediately, see the Society lower two-year fixed rates by up to 0.23%, three-year fixed rates by up to 0.21% and five-year fixed rates by up to 0.19%.
Market Harborough said the reductions apply across its residential, buy-to-let, holiday let, expat and high net worth mortgage propositions.
Iain Smith (pictured), head of mortgage distribution at Market Harborough Building Society, said: “These reductions underline our continued commitment to delivering value for brokers and their clients, across our residential, buy to let, holiday let, expat and high net worth ranges.
“Providing competitive, flexible deals remains a key priority, supported by the award-winning service our partners rely on.”
Following the changes, residential tier one rates now start from 5.58% on fixed-rate products and 5.05% on discounted products, both carrying a £1,495 product fee.
For tier one buy-to-let cases, rates now start from 5.99% fixed and 5.46% discounted. The Society said these products include top-slicing and lending into retirement as standard.
The lender is also continuing to offer its limited-time ‘discount now, fix later’ proposition. The initiative allows borrowers who apply for a discounted-rate mortgage to switch once to a fixed-rate product before completion without paying the usual £299 product switch fee.
