Mansfield BS cuts specialist lending rates by up to 0.40%

Mansfield Building Society has reduced fixed rates across its versatility and credit repair mortgage ranges.

The fixed rate reductions include five-year fixed rate credit repair products up to 70% LTV, reduced by 0.40% to 5.99%, as well as versatility plus two-year fixed rates up to 80% LTV, reduced by 0.20% to 5.99%, and versatility two-year fixes up to 85% LTV, reduced by 0.20% to 5.99%.

Mansfield’s credit repair range supports borrowers with historic or recent credit issues, including credit defaults, active debt management plans, and discharged bankrupts from day one.

The versatility proposition caters for borrowers whose needs fall outside standard criteria, including those with minor credit blips, complex income structures, skilled worker visas, and self‑employed applicants with just one year’s trading history. The range also supports lending on unusual or non‑standard property types.

Tom Denman-Molloy, head of sales for Mansfield Building Society, said: "As a building society, we’re focused on delivering specialist lending with a genuinely personal approach to underwriting. Our funding model enables us to support complex sectors consistently and fairly.

"These reductions across our versatility and credit repair ranges underline our continued commitment to the specialist market and provide valuable support for brokers working to place complex cases."