Market Harborough Building Society (MHBS) has announced a reduction in its fixed mortgage rates, making it an opportune moment for house hunters and landlords alike. Starting from today, Tuesday 2nd April, both residential and buy-to-let mortgage rates have seen cuts of up to 0.20%.

The society has made a decisive 0.20% cut on their two and three-year fixed rates. Not stopping there, they’ve also pared down their 5-year fixed rates by 0.15%. This adjustment spans a variety of specialist lending products, including those tailored for expatriates, rental properties, holiday lets, and even multi-generation mortgages.

For those looking to secure a new residential property, MHBS has laid out enticing new rates. You can now lock in a variable rate starting at 6.40% or opt for a fixed three-year rate at 5.45%, provided the loan-to-value (LTV) is up to 60% and you’re okay with a product fee of £995.

MHBS’s rate structure is thoughtfully tiered, addressing the diverse needs and complexities of different lending scenarios. Whether you’re eyeing a second home, planning for a retirement property, or considering a joint borrower sole proprietor mortgage, MHBS seems ready to accommodate with more favourable rates.

A Leading Name in Complex Mortgage Cases

One of the UK’s rapidly expanding societies, MHBS says it shines when it comes to navigating complex mortgage situations. Their Feefo Platinum Trusted Service award is a testament to their dedication and flexibility in offering bespoke purchase and remortgage solutions. Catering to a wide range of needs, MHBS handles loans from £200k up to a hefty £3.5m, supporting brokers and clients through thick and thin.

It’s not just about the rate cuts. MHBS is keen on making life easier for brokers too. They’ve revamped their product switch process, ensuring brokers can manage client switches with ease. Plus, there’s a cherry on top: a 0.30% procuration fee is now available for both residential and let cases.