Market Harborough Building Society has announced a series of reductions across several of its mortgage rates. From tomorrow, the society will lower its standard variable rate (SVR) by 0.20% to 7.59%. From that date, the Society will lower its Standard Variable Rate (SVR) by 0.20% to 7.59%. At the same time, Market Harborough is also reducing its residential and let mortgage rates, with 0.45% reductions on all variable rates by up to 0.45%, and 0.15% cuts to its two and three-year fixed deals.

Vida Homeloans has announced new enhancements to its residential affordability assessments, enabling customers to borrow more when selecting shorter-term fixed rate products. The lender said the strategic move is designed to support a broader range of borrowers, including first-time buyers, home movers, or those looking to remortgage.

Dudley Building Society has grown its gross mortgage lending by 19% in the last two years, the firm has announced. The 2024/25 financial year saw Dudley increase its mortgage lending by £14m to more than £124m. The society also reported an 8.4% increase in its mortgage book for 2024/25, growing from £477m to £517m.

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