Market Harborough Building Society (MHBS) has reduced its residential and let fixed rates by 50 basis points.

The Society’s fixed rate mortgages are available across its specialist lending range, including expat, let, holiday let and multi-generation.

Residential rates now start from 6.40% variable and 5.30% fixed for three years, up to 60% LTV with a £995 product fee. These include joint borrower sole proprietor, second homes and simple annexe applications as standard.

Richard Saunders (pictured), MHBS’s head of mortgage proposition, said: “2023 saw another record-breaking year for the Society as we provided specialist lending solutions to help more clients than ever before.

“We’re excited to start the new year with a positive reduction in our fixed rates to help those looking to move or remortgage.”