Market Harborough Building Society (MHBS) and Keystone Property Finance have become the latest lenders to reduce rates following a wave of reductions from a number of major lenders this week.
As of today, MHBS has reduced fixed rates across its range of mortgage solutions by up to 0.35%.
Its residential rates now start at 5.84% for variable products and 6.04% for fixed products, including joint borrower sole owner, second homes and simple annexes.
Keystone Property Finance has also reduced rates across all of its 5-year fixed rates by up to 0.15%.
In addition, the lender will also be adding new 2-year Product Transfer and Switch & Fix products, along with new 5-year Ex-pat ranges and a Green 80% loan-to-value LTV product for properties with an EPC of A or B.
Nicholas Mendes, mortgage technical manager at John Charcol, said: “It has been another busy day with a lenders repricing their fixed rate products downwards.
“It is good to see the specialist lenders make these changes, as it shows that the level of appetite and demand to attract business is not being limited to the main stream lenders.
“This is exactly the type of activity we need which spurs other lenders to follow suit.”
