Market Harborough Building Society has implemented rate reductions and reduced its standard variable rate (SVR).
The company’s SVR has been reduced by 0.15% to 7.24%, while the two-year fixed interest rates have been reduced by 0.05%.
The country has also reduced its monthly bridging financing rates at levels 1 and 2 by 0.01%.
Following the changes, the society’s rates now start from 5.10% fixed and 5.05% variable for tier 1 properties, up to 75% loan-to-value (LTV) with a product fee of £1,495.
Meanwhile, rates start from 5.51% fixed and 5.46% variable for rental cases up to 75% LTV, including standard top slicing and retirement loans.
Standard monthly bridging finance rates for loans up to £5 million now start at 0.59% variable and 0.63% fixed.
Iain Smith, head of mortgage distribution at Market Harborough, said: “We are building on a successful 2025 and starting 2026 with reductions to many of our mortgage rates. This ensures we are well positioned to support brokers with complex cases and with our award-winning bridging finance. We will complement this positive message with more great news.”
Elsewhere, Kensington Mortgages has cut rates on its home mortgages.
The lender’s Select range products, including the Heroes, Professional, eKo and Own New Rate Reducer products, have been reduced by up to 0.24%.
The change applies to the two- and five-year fixed interest rates and to all products from 80% to 95% LTV.
Two-year 90% LTV rates now start at 5.56% with a £1,999 fee, five-year 90% LTV rates from 5.72% with a £1,499 fee, two-year 95% LTV rates from 5.81% with a £1,999 fee, and five-year 95% LTV rates from 6.02% with a £1,499 fee.
Other new rates include Kensington’s two-year 95% LTV of 6.59% and the five-year 95% LTV of 6.30%, both of which include no fees and £1,000 cashback.
All Kensington’s 95% LTV products also come with a free valuation and are for sale only.
In addition, the two-year fixed interest rate for Kensington’s Right to Buy products has been reduced by 0.50% and the five-year fixed interest rate by 0.15%.
Kensington Mortgages commercial director Andy Bickers said: “These latest changes further strengthen the competitiveness of our residential offering, giving brokers and their clients access to attractively priced solutions across a wide range of LTVs.”
“From first-time buyers to professionals and those purchasing with smaller deposits, we focus on delivering prices that truly support affordability in today’s market.”