Here is the latest update from Market Harborough. Remember, you can access these products through our direct to lender mortgage club to get the benefits of payment on completion.
Market Harborough Building Society expands into Scotland
Market Harborough Building Society (MHBS) has announced its expansion to lend on properties in Scotland – marking a significant milestone for the award-winning Society. The launch reflects Market Harborough’s commitment to sharing its relationship-driven approach with even more brokers and borrowers. It coincides with Burns Night, a celebration of Scottish heritage and culture.
Already recognised across England and Wales for its specialist lending and bridging finance expertise and flexible, common‑sense underwriting, Market Harborough will now lend on properties in central Scotland. The Society’s mortgage solutions are designed for clients with simple and more complex circumstances, including:
- Non‑standard or multiple income sources
- Complex or unusual property types
- JBSP and multi-generation
- Borrowing into retirement
- Expats and high net worth
- Regulated bridging finance
- Multiple complexities
This news comes hot on the heels of the Society being awarded a Feefo Exceptional Service Award earlier this week, along with a Platinum Trusted Service Award for the third year running.
Iain Kirkpatrick, CEO of Market Harborough Building Society, said: “Brokers, including those based in Scotland, have consistently told us they want more choice, flexibility and more lenders who take the time to understand complex cases. Expanding into Scotland is a natural next step for us, and launching around Burns Night feels especially fitting because it’s a moment that celebrates heritage, community spirit and shared values.”
He added “We’re excited to bring our passion, purpose and people-first approach to Scotland, supporting even more brokers and their clients with the same expertise and personal service we’re known for across England and Wales.
The Society has introduced dedicated BDM support for Scotland, alongside tailored guidance for brokers operating in the region. It runs a daily credit committee that looks for ways to say yes and brokers have direct access to case underwriters.
Market Harborough will offer the following in Scotland:
- Residential lending and regulated bridging finance from £200k to £5m
- Max 80% LTV
- Up to four applicants/incomes
- Tiered mortgage range with pricing based on case complexity
The launch follows a period of continued investment in the Society’s specialist proposition, including enhancements to its residential and bridging ranges, a streamlined broker journey, and its ongoing Best for Brokers promise that benefits brokers and clients.