Mortgage Information Useful details

Mortgage Information

Useful details

Mortgage Information

Information and documents for existing borrowers, applicants and solicitors.

SVR (Standard Variable Rate) for mortgages

What is an SVR? An SVR is an interest rate, it is not linked directly to an independent external rate such as the Bank of England’s Base Rate. It is set by a lender.

Market Harborough Building Society has two types of SVR relating to residential loans:

Residential SVR – 5.49% – effective from 1 March 2009

Holiday Let SVR – 5.49% – effective from 1 June 2012

In addition the Society has an SVR for Commercial lending – please refer to your loan documents.