The large loan range starts from 6.29% for a five-year fixed rate with a product fee of £2,495 and is available for residential applications up to £5m.

The lender has extended its LTV for residential and buy-to-let (BTL) cases up to 80% on loans up to £2m.

Iain Smith, Market Harborough Building Society’s head of mortgage distribution, said: “We promised to keep listening to brokers and taking action to support them. As a high-net-worth [HNW] client specialist, our new simplified larger loan deals will help brokers source deals up to £5m. And our move to accept cases up to 80% LTV provides them with further flexibility across our residential and let ranges.

“Our tiered products are priced based on the level of case complexity and are designed to help brokers easily find the right product and price for their clients, including those with more challenging circumstances.”

The mutual recently changed its lending criteria, so it will consider using earned income up to the age of 75 and 100% of a borrower’s income from their second job, and it has gone up to 75% LTV for sale and downsize cases.

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