MHBS cuts fixed rate mortgages

Published on

Market Harborough Building Society (MHBS) has reduced fixed rates by up to 0.35 percentage points.

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

Two year fixed rates have reduced by 0.35 percentage points whilst three and five year fixed rates are now 0.20 percentage points and 0.10 percentage points lower respectively.

Additionally, MHBS has simplified its buy-to-let solutions, introducing tiered pricing and a standard product fee of 0.65%. It has also made top-slicing, lending into retirement and annexes available as standard under tier one, with tier two and tier three options available for more challenging buy-to-let scenarios.

The Society’s buy-to-let range has no minimum ICR; instead affordability is assessed by taking personal and rental income into account.

Latest POLL

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

Satchell the latest to leave HTB bridging division

Lorenzo Satchell has become the latest senior member of the bridging team at Hampshire...

Clydesdale Bank to cut mortgage rates across multiple product ranges

Clydesdale Bank has announced a series of rate reductions across its residential mortgage products,...

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...

Aspen Bridging promotes senior quartet

Aspen Bridging has made four key strategic senior promotions. The appointments have been made to...

Other news

Satchell the latest to leave HTB bridging division

Lorenzo Satchell has become the latest senior member of the bridging team at Hampshire...

Clydesdale Bank to cut mortgage rates across multiple product ranges

Clydesdale Bank has announced a series of rate reductions across its residential mortgage products,...

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...