Market Harborough Building Society (MHBS) has introduced a new suite of mortgages with no product fees.
The products will be available across the society’s specialist lending areas, including let, multi-generation and expat.
This move followed a recent update to the society’s rates, including a reduction to its residential fixed rates by up to 0.20%.
Richard Saunders (pictured), head of mortgage proposition at (MHBS), said, “We’re pleased to offer this new range of no-fee deals to our intermediary partners who we know are seeing growing demand from clients.
“Research using Twenty7tec’s Insight shows that so far this year, 9% of ESIS’ produced were for mortgages without a product fee.
“We’ve launched a number of options to meet the needs of those clients wanting lower upfront costs and to provide them with more choice.”