Market Harborough Building Society has cut larger loan fixed-rate deals by up to 60 basis points, while Clydesdale Bank and TSB lift selected fixes.    

The mutual says its residential variable and two-, three- and five-year larger loan rates, for cases between £3m and £5m, have dropped by the following:

• Tier one rates: by 35bps 

• Tier two rates: by 60bps 

• Tier three rates: by 15bps 

Its larger loan rates now start from 5.24% fixed and 5.59% variable for tier one cases, with a fixed product fee of £2,495. 

The specialist lender will also reduce its standard variable rate by 20bps to 7.39% on 1 October. 

Market Harborough Building Society head of mortgage distribution Iain Smith said: “This opens the door for more clients looking to borrow between £3m and £5m and ensures we’re well-positioned to support those borrowers with both simple and more complex circumstances, including high-net-worth individuals and expats.” 

The lender adds that its standard residential rates for cases up to £3m are unchanged.  

Meanwhile, highlights of TSB’s changes include: 

Product transfer 

• Residential five-year fixes, up to 75% loan to value, rise by up to 15bps 

Additional borrowing 

• Residential five-year fixes, up to 75% loan to value, rise by up to 15bps 

Finally, Clydesdale Bank will lift selected residential and landlord rates by as much as 24bps on Monday 15 September.

Highlights include: 

Core residential — including product transfer 

• 65% LTV two- and five-year fixes will rise by up to 16bps 

• 95% LTV two- and five-year fixes, with a £999 fee, will rise by up to 10bps 

Exclusives 

• Selected residential remortgage — 75%-80% LTV two- and five-year fixes will rise by up to 24bps  

• £1m-£3m large loan two- and five-year fixes will rise by up to 16bps

Professional 

• 65% LTV two- and five-year fixes will rise by 20bps to 4.35% 

Buy to let 

• Selected 60% to 75% LTV two- and five-year fixes will rise by up to 15bps 

The bank tells brokers applying these products on behalf of customers that applications should be sent by 8pm on Sunday 14 September.