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Friday, September 20, 2019

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Mansfield launches residential mortgage proposition in Scotland

Sam Monk | 13:49 Tuesday 3rd September 2019

Mansfield Building Society has launched its residential mortgage proposition in Scotland.

The building society’s range includes prime residential, self-build, retirement interest-only and versatility products.

Residential criteria available from the building society includes capital repayment and interest-only lending up to age 85, interest only with property downsizing, family assist at 100% LTV in addition to support for self-employed and contractors (including zero-hours contracts).

Mansfield will also consider unusual property types as part of its versatility proposition.

“We’re delighted to be extending our proposition to borrowers north of the border who can now benefit from our pragmatic, commonsense and flexible approach to mortgage lending,” said Paul Lewis, national development manager at Mansfield (pictured above).

“This move shows the dedication and commitment of the society to offer a valuable alternative to more mortgage brokers, housebuyers and homeowners across the UK.”

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