Market Harborough Building Society has reduced its residential and buy-to-let (BTL) fixed rates by up to 0.30%.
Its 2-year fixed rates are now 0.25% lower, while its 3-year and 5-year fixed rates have decreased by 0.30%.
The specialist lender’s residential rates now start from 5.69% fixed and 6.24% variable for tier one cases up to 75% loan-to-value (LTV) with a £1,495 product fee.
Its BTL rates now start from 5.75% fixed and 6.30% variable for tier one cases up to 75% LTV, including top-slicing and lending into retirement as standard.
With effect from 1st January 2025, the society is also decreasing its standard variable rate (SVR) by 0.20% to 7.99%.
Iain Smith, head of mortgage distribution at the society, said: “We’re pleased to announce this reduction across our residential and buy-to-let fixed rates, and our SVR from the 1st of January.
“We informed our brokers about these rate changes on 10 December, in line with our ‘Best for Brokers Promise’, which includes a commitment to provide at least 24 hours’ notice of any product withdrawal.”
