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Mansfield Building Society launches two-year fix

The Mansfield Building Society has launched a two-year fixed rate deal at 3.09%.

The product is available for direct for both purchases and remortgages up to 75% LTV and with a £999 arrangement fee.

A 3% early repayment charge applies to the deal.

Pete Doherty, product manager at The Mansfield, says: “We’re anticipating that this product will be popular with those already on the property ladder looking for a competitively priced two-year fixed rate product.”


Leader: An unpopularity contest

If the readers of Mortgage Strategy could decide the general election there would be no risk of a hung parliament, with 56% voting Conservative in our latest straw poll. Unfortunately for Tory leader David Cameron, the brokers voting on Mortgage Strategy Online don’t seem to be representative of the wider voting public. In the wake […]

your shout

The best of the comments from Mortgage Strategy online.

Use of AVMs may become restricted to surveyors soon

Automated valuation models will only be used by chartered surveyors rather than lenders in future, according to Richard Sexton, director of business development at e.surv. Sexton says AVMs penetrated the market quickly but were used inappropriately by some lenders. He says: “At the moment no lenders are using AVMs for purchases and only around 10% […]


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