View more on these topics

MHBS announces fixed rate cuts of up to 35bps

Market Harborough Building Society (MHBS) has announced a reduction in fixed rates by up to 0.35% with effect from 10 October.

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

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

MHBS has simplified its buy- to-let offering, introducing tiered pricing and a standard product fee of 0.65%. T

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.

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

Recommended

Newsletter

News and expert analysis straight to your inbox

Sign up

Podcast