The Mansfield Building Society has launched two new intermediary only mortgage products.
A 6.25% two year fixed rate has been introduced which is available for home purchases or remortgages up to a maximum of £200,000 and 75% loan to value, inclusive of a £999 arrangement fee.
A three year discounted rate offers 0.50% off The Society’s standard variable rate of 7.19%. It is available for remortgages and capital raising on mortgage free properties up to £250,000 and 75% loan to value.
Both products have no extended early repayment charge. With the two year fixed rate the basic valuation fee will be refunded on completion up to a maximum of £400. In addition to no basic valuation fee being payable, the three year discounted rate offers free legal fees via a nominated solicitor or £250 towards legal costs.
To compare mortgage deals follow the link.