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MHBS launches no-fee mortgage range – Mortgage Strategy

November 25, 2023
in Mortgage
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Market Harborough Constructing Society (MHBS) has launched a brand new suite of mortgages with no product charges.

The merchandise can be found throughout its many specialist lending areas together with let, multi-generation and expat.

The specialist lender mentioned it continues to assessment the wants of intermediaries and their purchasers.

MHBS mentioned it has additionally not too long ago up to date its charges together with decreasing their residential mounted charges by as much as 0.20%.

The Society works with middleman companions to supply mortgage options for complicated instances. Its middleman crew contains specialist enterprise growth managers, case managers and underwriters.

MHBS has over 29,000 financial savings members and a couple of,700 mortgage members and oversees property greater than £645m.

MHBS head of mortgage proposition Richard Saunders mentioned: “We’re happy to supply this new vary of no-fee offers to our middleman companions who we all know are seeing rising demand from purchasers. Analysis utilizing Twenty7tec’s Perception exhibits that up to now this 12 months, 9% of ESIS’ produced have been for mortgages with out a product payment. We’ve launched plenty of choices to fulfill the wants of these purchasers wanting decrease upfront prices and to supply them with extra selection.”

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