Market Harborough Building Society (MHBS) has confirmed its current fixed rates will be withdrawn and replaced at 5pm on Friday 23 June.
This followed its recent commitment to intermediaries to provide as much notice as possible when withdrawing products.
Last week, chief executive Iain Kirkpatrick (pictured) gave his commitment that MHBS would provide a minimum notice period of 24 hours for withdrawals, without exception, and only make changes between 9am-5pm during the working week.
He said: “In challenging times it’s more important than ever to work together.
“Trust and communication between us and the intermediary are key to delivering the best outcome for clients.”
MHBS’ intermediary partners were notified of the withdrawal by email, giving them 48 hours to submit any cases by 5pm on Friday.
MHBS committed to minimum notice periods as part of a campaign by the Broker Collective to encourage lenders to provide advance warning of rate changes and product withdrawals.
Read an in-depth interview with the Broker Collective in this month’s issue of The Intermediary.
