MHBS cuts fixed mortgage rates

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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.”

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