Richard Saunders

MHBS unveils limited edition 3-year discount holiday let products

Market Harborough Building Society (MHBS) has launched two new limited edition three-year discount holiday let products.

Starting from a discount rate of 5.34%, these new offerings are available for both purchase and remortgage cases.

MHBS is catering to both regulated and unregulated holiday let scenarios, with lending amounts ranging between £200k and £2m, and an application fee of £299.

The new holiday let solutions are designed to accommodate both simple and more complex cases.

Notably, MHBS is open to considering unusual properties, including listed buildings, and non-standard income types, such as foreign currency and investments.

These holiday let solutions also allow for limited personal use and accept Airbnb. Moreover, they can be combined with MHBS’s other product offerings, such as expat and multi-generation.

Richard Saunders (pictured), the Society’s head of sales, said: “We’re delighted to offer these two limited edition discount holiday let products to our intermediary partners and their clients, especially during this challenging period for the mortgage market where good news can be hard to find.”

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