Why choose Market Harborough Building Society?
At Market Harborough Building Society we have a new approach to bridging finance. Our focus is to put customers first by providing a tailored service.
We know that everyone is different so with a combination of our great products and friendly team we work hard to provide a customised solution.
The team concentrate on delivering a personal experience for you. From start to finish your case is handled by real people and there are no automated decisions made. Throughout your bridging journey there will always be someone to call directly.
Will and Sean are your first point of contact; they look forward to hearing your plans and finding a solution for you to achieve your property goals. For an initial, informal chat please call 01858 412412. Alternatively email bridging@mhbs.co.uk with your telephone number and we’ll call you back.
Don’t just take our word for it
At the bottom of this page you will find examples of how we have helped customers to achieve their property goals.
We specialise in lending to retired customers
We are very proud of our Highly Commended award from Moneywise 2017 for our Older Borrower product range.
We lend to a maximum age of 85, with no minimum income requirement on residential loans for applicants in retirement or preparing for retirement.
Treating our customers fairly
As a mutual organisation run for the benefit of our customers, the fair treatment of our customers has always been at the heart of everything we do. We regularly review our products, levels of service and communications to ensure that you are treated fairly in every part of our business. As part of this commitment, your Society has also taken measures to ensure that we adhere to the FCA’s principles for the fair treatment of customers.
Case Study:
TLC for their new home
Our customers wanted to purchase and complete some minor renovation to a new property before selling their current home and moving in. Their plans included upgrading the kitchen and bathrooms, replacing windows, redecoration throughout and full re-landscaping of the gardens. The costs for the renovations were covered by the customers’ savings and they estimated the works could take up to eight months to complete.
The customers opted for up to 24 months bridge with interest rolled up. Nearing completion of the renovation works, their current home sold, redeeming the bridging finance in full at no penalty.
Case Study:
Retired borrower wanted to move into a sought-after retirement flat
A customer in their 80’s wanted to secure a retirement flat that had unexpectedly come onto the market before having sold her large detached property. The enhanced sheltered accommodation was in a desirable location being much nearer to her family. The bridging finance enabled our customer to proceed with the purchase without delay and gave her time to secure a buyer for her former home.
Case Study:
Two loans for growing family
Our customers wanted to buy a larger property for their growing family. They had an offer accepted on their home only to have the sale fall through. With the help of bridging finance they were able to proceed with the purchase of the new home, giving them time to find another buyer. They also needed to secure a residential mortgage for their new home. The Society was able to process both applications simultaneously to ensure a quick completion and a competitive long-term solution.
