Market Harborough cuts fixed rates across residential and let ranges

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Iain Smith

Market Harborough Building Society has cut rates across its fixed-rate mortgage range, with reductions of up to 0.13% now in place.

The mutual has lowered pricing across its two-year, three-year and five-year fixed-rate mortgages, with cuts of 0.12% on two-year fixes, 0.13% on three-year fixes and 0.07% on five-year fixes.

The changes apply across residential and let lending, including solutions for buy-to-let investors, expat borrowers and high-net-worth clients, and are available with immediate effect.

Iain Smith (pictured), head of mortgage distribution at the Market Harborough, said: “Supporting brokers with competitive, well-structured products remains central to our strategy.

“These latest reductions reflect our ongoing commitment to providing brokers with solutions that meet the needs of a wide range of client profiles, including those with more complex circumstances – and are backed by our award-winning service.”

Following the changes, Market Harborough’s residential rates now start from 4.98% fixed and 5.05% variable for tier one cases up to 75% loan-to-value, with a £1,495 product fee.

For let lending, rates start from 5.39% fixed and 5.46% variable for tier one cases up to 75% loan-to-value, with top-slicing and lending into retirement included as standard.