Specialist lender Market Harborough Building Society (MHBS) has announced a series of new products that have been added to its range, including fixed rate bridging finance options.
New fixed rate bridging deals
MHBS has responded to requests from its intermediaries and added a range of fixed rate bridging finance products to the variable bridging rates it already offers. The latest products are designed for bridging clients looking for the certainty that a fixed rate can provide.
The Society’s variable rate bridging finance now starts at 0.63%* and fixed rates are from 0.67%*. Their bridging finance is suitable for a range of scenarios, including regulated and unregulated bridging and is available for a maximum term of 12 months. They also offer flexible bridging finance for high net worth clients, with terms of up to five-years available and up to 70% LTV.
Limited edition buy to let rates
They have also introduced new two-year fixed rate let deals that include a free standard valuation and come with a fixed product fee. These new products with rates from 6.35% are available for both purchases and remortgages and cater for a variety of more complex scenarios including quirky properties and non-standard income, such as foreign currency.
This news comes soon after MHBS announced simplifications to their buy to let range with top-slicing, lending into retirement and annexes available as standard under their tier one pricing. There is no minimum ICR.
To discover more, visit their website at mhbs.co.uk/intermediaries/.
