Market Harborough Building Society has launched a new guaranteed service commitment for its core bridging finance range, reinforcing its focus on delivering reliable outcomes for brokers and clients.
The move builds on enhancements introduced last week, which saw the Society reduce rates by up to 0.12% and simplify its core bridging finance range into just two bands up to 70% LTV.
Now the specialist lender has introduced a clear service commitment on its core bridging range for qualifying cases: A decision in principle issued within four working hours and an offer issued within five working days of application.
Market Harborough will make a £500 donation to the broker’s chosen charity if timescales go beyond these service levels.
The commitment applies to fully packaged cases within its core bridging range, with eligibility confirmed at decision in principle stage.
The Society’s core bridging range is designed for more straightforward regulated scenarios between £200,000 and £1 million over a typical 12 month term. As well as reduced rates and a simplified structure, it offers a £95 application fee and variable monthly rates up to 70% LTV.
Market Harborough also provides a wider bridging range for more cases up to £5 million including more complex scenarios involving unusual properties or specialist exit strategies.
Iain Smith, head of mortgage distribution at Market Harborough Building Society, commented: “Last week, we strengthened our core bridging range to deliver even better value. This latest step is about reinforcing the service behind it.
“We know brokers need clarity, confidence and efficiency when placing bridging cases. By setting clear timeframes and backing them with a £500 charity donation, we’re demonstrating that we stand behind our multiple award‑winning service and the promises we make.”
