Mansfield Building Society launches broker exclusive
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The Mansfield Building Society has launched a three-year fixed rate deal solely for brokers.
The rate is 4.54% and is available up to 75% LTV for house purchase and remortgage cases with a £999 arrangement fee.
The maximum loan size is £200,000 and a basic valuation up to £400 will be refunded on completion.
Peter Doherty, products manager at The Mansfield, says: “We are noticing an increasing level of interest in fixed term mortgages from borrowers wanting to stabilise their repayments over longer periods of time whilst the Bank of England base rate is relatively low.
“This product will ensure The Mansfield remains competitive in the intermediary market as we look to stimulate our mortgage business.”
