The Mansfield Building Society has added two new higher LTV deals to its mortgage range.
Firstly, The new two-year discounted rate house purchase product up to 95% LTV offers minimal fees and a free valuation. It is priced at 4.05% with a £199 application fee and no completion fee.
Secondly, the two-year discounted rate remortgage only product up to 90% LTV a 2.99% rate, £199 application fee, £800 completion fee, free valuation and free legal fees.
Stuart Bryce, business development manager at The Mansfield, said: “These products meet the needs of many borrowers, whether buying or remortgaging, who are looking for a mortgage which requires a smaller deposit.
“We feel that The Mansfield has built a reputation as a fair and responsible lender because we assess each case on its merits and don’t use automated credit scoring systems. Advisers and their clients can benefit from competitively priced products and a more even-handed approach to individual circumstances with The Mansfield.”