Market Harborough Building Society (MHBS) has announced a reduction in fixed rates by up to 0.35% with effect from 10 October.

The society’s fixed rate mortgages are available across their specialist lending areas, including expat, buy to let and multi-generation.

Two-year fixed rates have reduced by 0.35% whilst three and five year fixed rates are now 0.20% and 0.10% lower respectively.

MHBS has simplified its buy- to-let offering, introducing tiered pricing and a standard product fee of 0.65%. T

It has also made top-slicing, lending into retirement and annexes available as standard under tier one, with tier two and tier three options available for more challenging buy-to-let scenarios.

MHBS’s buy-to-let range has no minimum ICR, instead affordability is assessed by taking personal and rental income into account.