Market Harborough reduces fixed rates and launches Discount Now, Fix Later option
21 April 2026
Market Harborough Building Society has announced rate reductions across its fixed‑rate mortgage deals by up to 0.36% and launched a ‘Discount Now, Fix Later’ option to provide more flexibility in today’s fast-moving market.
From today, fixed rates across its residential and let mortgages have lowered by the following:
- Two-year fixed rates – by 0.36%
- Three-year fixed rates – by 0.32%
- Five-year fixed rates – by 0.28%
The specialist lender has also launched a Discount Now, Fix Later option to support brokers and their clients in the current market. This increases flexibility, by allowing clients who pick a discounted rate on their application to make one switch to a fixed rate before completion, without paying the £299 product fee for the switch - available for a limited time. Rates for the specialist lenders discounted products start from 4.20%.
Iain Smith, head of mortgage distribution at Market Harborough, commented:
“Waiving the product change fee and allowing a switch from a discounted rate to a fixed rate before completion is about giving brokers and their clients more control in a fast moving market, removing cost barriers and making it easier to adapt. Today’s news reinforces our focus on delivering practical, award-winning solutions for a broad range of client needs, including those with more complex cases. As always, we’re keeping our partners fully informed every step of the way.”
The Society’s rates now start from:
- 5.79% fixed and 5.05% discounted for residential tier one cases with a £1,495 product fee.
- 4.96% fixed and 4.20% discounted for residential large loan cases between £3m and £5m, available for a limited time.
- 6.20% fixed and 5.46% discounted for let tier one cases, including top-slicing and lending into retirement as standard.
The reductions apply across solutions for residential borrowers, buy‑to‑let investors, expat clients and high‑net‑worth individuals and are available with immediate effect.
More information about the specialist lender can be found by calling 01858 412345 or visiting www.mhbs.co.uk/intermediaries.
