Mansfield Building Society has taken its lending north of the border, launching its residential mortgage proposition including its prime residential, self-build, retirement interest-only (RIO) and Versatility products in Scotland.
Residential criteria available from The Mansfield includes capital repayment and interest-only lending up to age 85, interest-only with property downsizing, Family Assist at 100 per cent loan to value (LTV) and support for self-employed and contractors, including zero hours contracts.
Unusual property types can also be considered as part of the lender’s Versatility proposition.
The mutual said its move to Scotland was a “natural progression” of its company as market research, queries and demand from intermediaries prompted its decision to offer its products to the region.
The building society has four branches in England and also operates in Wales.
National development manager Paul Lewis (pictured), said the society was proud to be increasing the choice and availability of mortgage finance to customers in Scotland.
“We’re delighted to be extending our proposition to borrowers north of the border who can now benefit from our pragmatic, common sense and flexible approach to mortgage lending,” he said.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
