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The Mansfield extends product range with new high-LTV mortgages

by Vanya Damyanova
May 18, 2015
Nationwide’s tracker mortgages to cover smaller deposits
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The Mansfield Building Society is complementing its mortgage range with two new fixed-rate and one new discount-rate offer.

Mortgage rates houses, arrowsThe mortgages are for customers with lower deposits, ranging from 5 to 20 per cent.

By enhancing its product range the Mansfield is looking to increase sales volumes.

Details of the three new offers include:

For house purchase

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  • 2.35 per cent two-year fixed-rate mortgage
  • Over 80 per cent to 85 per cent loan-to-value (LTV)
  • Free basic valuation
  • Maximum loan size £300,000
  • £199 application fee
  • £800 completion fee

*

  • 3.85 per cent  two-year discount-rate mortgage (1.74 per cent off standard variable rate (SVR)
  • Over 85 per cent LTV and up to 95 per cent LTV
  • Valuation fee refunded up to £400
  • Maximum loan £200,000
  • £199 application fee
  • £300 completion fee

For remortgage 

  • 2.49 per cent two-year fixed-rate mortgage
  • Over 80 per cent to 85 per cent LTV
  • Free basic valuation
  • Free legal fees
  • Maximum loan size £300,000
  • £199 application fee
  • £800 completion fee

Tags: discount rate mortgagesfixed rate mortgagesnew mortgage deals
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