MHBS cuts fixed mortgage rates

Published on

Market Harborough Building Society (MHBS) has reduced its fixed rate deals by up to 0.70%.

MHBS’ fixed rate mortgages are available across its areas of specialist lending, including expat, holiday let, multi-generation and larger loans.

Three year fixed rates have reduced by 0.70% whilst two and five-year fixed rates are now 0.50% and 0.20% lower respectively.

The Society’s rates start from 5.69% for a residential three-year discounted rate mortgage and 6.09% for a three-year fixed rate residential mortgage, with a £299 application fee and up to 75% LTV.

Joint borrower sole proprietor, second home and simple annexe cases are included in this pricing as standard.

Chris Thompson (pictured), the Society’s national account manager, said: “We are delighted to pass on these fixed rate reductions to borrowers, as we reflect current market conditions. We’re committed to finding ways to support intermediaries and their clients with more complex needs during this challenging period by offering a range of competitive products for those looking to borrow between £200k and £3.5m.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

e4 Strategic launches VERSA to streamline lender–conveyancer collaboration

e4 Strategic has unveiled VERSA, a digital workflow platform designed to modernise the communication...

Gen H expands team with new recruits from Koodoo and Hamptons

Gen H has strengthened its sales and marketing operations with the appointments of Jess...

West One bolsters short-term division with quartet of strategic hires

Specialist lender West One Loans has strengthens its short-term lending division with four key...

Virgin Money cuts rates and launches new exclusive deals across purchase and remortgage range

Virgin Money has announced a series of rate reductions and the launch of new...

Landbay adds product transfer options and trims rates in expanded summer special

Buy-to-let lender Landbay has expanded its Summer Special product range with five new product...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

e4 Strategic launches VERSA to streamline lender–conveyancer collaboration

e4 Strategic has unveiled VERSA, a digital workflow platform designed to modernise the communication...

Gen H expands team with new recruits from Koodoo and Hamptons

Gen H has strengthened its sales and marketing operations with the appointments of Jess...

West One bolsters short-term division with quartet of strategic hires

Specialist lender West One Loans has strengthens its short-term lending division with four key...