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Financial Services > Mortgages > Mortgage Lenders > The Mansfield Building Society

The Mansfield Building Society

Mansfield is a building society with traditional values but it is also keen to provide a modern and personal approach to mortgages.

It is a mutual building society located in the heart of Robin Hood country.

Mansfield is committed to providing competitive mortgages for the benefit of its members.

It delivers innovative products for both savers and borrowers at competitive interest rates. It exists for the benefit of its members’ not third party shareholders.

It has these types of mortgage for properties located in England or Wales:

  • Fixed
  • Discount
  • Buy to Let

The Mansfield Building Society Mortgage Products
   

Fixed rate: these mortgages are set at an agreed rate for a set period. The Mansfield has fixed mortgages for 2 or 3 year periods. The mortgage then reverts to the society’s standard variable rate for the duration of the mortgage term. Interest is calculated daily on these mortgages.

You can make early repayments but only up to a maximum of 10% of the loan per year during the fixed rate period. Additional payment will incur a charge.

Discount: these mortgages are set at a variable rate for an agreed period. Discount mortgages are available from 2 to 5 years. The mortgage then reverts to the society’s standard variable rate for the duration of the mortgage term.

Interest is calculated daily. There is no early repayment charge for the two year mortgage. A higher lending charge is not applicable.

Buy to Let: this mortgage is set at a variable rate for two years. It then reverts to the society’s standard variable rate for the rest of the mortgage term. Interest is calculated daily.

You can make early repayments but only up to a maximum of 10% of the loan per year during the initial variable rate period. Additional payment will incur a charge.

Should you be interested in a mortgage quotation including those offered by the Mansfield please complete our quick enquiry form

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