The reductions are up to 0.12%, and the mutual said it had streamlined the offer into two bands up to 70% loan to value (LTV). It noted that this would mean more customers could access the lower pricing.
Effective today, the firm’s monthly rates in the core bridging finance range begin from 0.53% variable for cases up to 60% LTV. For 60.01-70% LTV, rates begin from 0.57% variable.
Its core bridging range is available for more straightforward bridging finance scenarios of £200,000-£1m on 12-month terms.
Iain Smith (pictured), head of mortgage distribution at Market Harborough Building Society, said: “We’ve sharpened our core bridging finance range, making it more accessible and even more competitive. It’s part of our continued commitment to delivering value for brokers and their clients, supported by award‑winning service from our dedicated bridging finance team.”
Last month, the mutual grew its broker-facing support teams with the appointments of two specialist business development managers (BDMs).
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