Product updates from Suffolk BS and MHBS – Mortgage Strategy

Product updates from Suffolk BS and MHBS – Mortgage Strategy

Suffolk Building Society has launched two new expat mortgages – one residential (capital & interest) and one buy to let (BTL). Both are three-year deals with a fixed rate of 5.49%. This rate can be locked in for purchases and remortgages until 30 June 2028. The maximum loan to value (LTV) is 80%, and the maximum loan amount is £2m for the expat residential product, and £1m for expat BTL. Commenting on the launch Suffolk BS, Head of Intermediarie…

Market Harborough enhances variable and fixed rate mortgage products

Market Harborough Building Society has enhanced its residential, let variable and 5-year fixed rate mortgage products.  The lender launched a 2-year variable rate product range with an early repayment charge (ERC) of 2% in the first year and 1% in the second year.  Market Harborough also updated early repayment charges for its 5-year fixed rate products. Iain Smith (pictured), head of mortgage distribution at Market Harborough, said: “Off the ba…