Market Harborough reduces residential rates by up to 0.20%

Market Harborough Building Society has reduced its fixed rates by up to 0.20% across many of its residential solutions up to £3m, including expat cases.

Across the specialist lender’s two, three and five-year standard residential fixed rates, tier one fixed rates have reduced by 0.15% and tier two rates are down by 0.20%.

Its larger loan rates for cases up to £5m remain unchanged.

The Society’s residential rates for cases up to £3m now start from 5.04% fixed and 5.64% variable for tier one cases with a £1,495 product fee. 

Market Harborough’s head of mortgage distribution, Iain Smith, said: “We’re making these rate reductions off the back of our recent changes, which saw us raising the loan threshold across our standard residential solutions from £2m to £3m to support higher-value borrowing. 

"The latest rate drops ensure we’re well-positioned to support clients with both simple and more complex circumstances.”