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Market Harborough BS leaps into discount market

Market Harborough BS leaps into discount market

Category: Mortgages

Updated: 16/11/2012
First Published: 16/11/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Market Harborough Building Society has launched a three-year variable discounted mortgage available to borrowers with deposits of 20% and over.

The basics…

This mortgage offers a rate of 3.15% for three years (2.34% discount). The maximum loan-to-value is 80%.

The finer details….

Available to purchase and remortgage customers wishing to borrow between £50,000 and £500,000, this deal has an arrangement fee of £195.

Incentives of refunded valuation fees (up to £550) and three months refunded accident, sickness and unemployment cover are offered to all borrowers, whilst those remortgaging will also benefit from free legal fees (provided the mortgage advance is £50,000 or over).

Flexibility with repayments is also offered to all borrowers by means of overpayments, underpayments and payment holidays.

Why we like it…

This deal offers borrowers the desirable combination of a highly competitive rate, low fee and generous incentives, plus flexible repayment features. Five out of five Moneyfacts stars have been awarded.

What Next?

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.