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

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Latest publication

Other news

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...