news | Over 2 years ago | Jodie Bradley

MHBS cuts BTL fixed rates by up to 35bps

Market Harborough Building Society (MHBS) has reduced its fixed rates by up to 35bps with effect from yesterday (Tuesday 10th October).


These rates are available across its specialist lending areas, including expat, BTL, and multi-generation.

Two-year fixed rates have reduced by 35bps while three- and five-year fixed rates are now 20bps and 10bps lower, respectively.

The building society has also streamlined its BTL offering with tiered pricing and a standard product fee of 0.65%.

In addition, MHBS has made top-slicing, lending into retirement, and annexes available as standard under tier one, with tier two and tier three options available for more complex BTL cases.

The building society’s BTL range has no minimum ICR, with affordability being assessed by taking personal and rental income into account.

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