Good news for borrowers with unusual circumstances – Harpenden Building Society is lowering its variable rate mortgage by 0.30%!

In a move designed to support borrowers with complex incomes or properties, Harpenden Building Society has cut its variable rate mortgage to just 6.39%. This rate applies to loans up to 65% loan-to-value.

Mike Cutler, Commercial Director at Harpenden Building Society, explained: “We are constantly reviewing our mortgage rates. This latest cut to our variable rate aims to help borrowers who might face challenges securing a mortgage elsewhere. This includes those with multiple or overseas income sources, or those with unique or larger properties.”

This rate cut comes as welcome news for borrowers facing uncertainty in the current economic climate. It highlights Harpenden Building Society’s commitment to providing competitive mortgage solutions for a wide range of borrowers.

This change follows the recent appointment of Tracie Pearce as the new Chief Executive in May. Pearce, who joined from Santander, replaced Richard Doe, who successfully led the building society for the past four years.