Here is the latest release from Mansfield Building Society. To view our products or for more information, visit our website here or contact the Brilliant Solutions team.
NEW fixed rate mortgage boosts house purchase affordability
Our NEW fixed rate house purchase mortgage to 14 February 2029 is available to 95% LTV, and with the longer fixed rate term, affordability is now stressed at pay rate. This can offer a real helping hand to first time buyers or those purchasing at higher LTVs.
Find out more from the product details below and to check affordability, simply select the ‘5 year fixed rate’ product on our affordability calculator and enter the pay rate.
House Purchase Only – Fixed Rate to 14.09.29 – DIX257
Term | To 14.02.29 |
Initial Rate | 5.99% |
Overall Cost for Comparison | 7.9% APRC |
Max LTV | 95% |
Early Repayment Charge | 3% to 14.2.2027, followed by 2% to 14.2.2028 and 1% to 14.2.2029 |
Product Fees | £199 application fee, no completion fee |
Loan sizes £100,000 to £350,000
Affordability stressed at pay rate
For more information about our products and services, including our affordability calculator and applying through our online portal, visit our website at mansfieldbs.co.uk/intermediaries.