On the residential side, two-, three- and five-year fixed first-time buyer and homemover deals up to 80% loan to value (LTV) have fallen by up to 0.2%, with pricing now standing at 4.49%.
Its two-year fixed remortgage deals up to 75% LTV will be cut by up to 0.05%, with rates starting from 4.69%.
Within its BTL range, two- and five-year fixed house purchase and remortgages rates have decreased by up to 0.2%. Pricing in this range begins from 4.59%.
In its product transfer range, BTL two- and five-year fixed rates up to 75% LTV have been reduced by up to 0.2%, with rates now starting from 4.84%.
On the additional borrowing side, BTL two- and five-year fixed rates have fallen by around 0.2% and rates are priced from 5.24%.
Mansfield Building Society cuts specialist rates by up to 0.4%
Mansfield Building Society has reduced rates in its Credit Repair and Versatility ranges by up to 0.4%.
Two-year fixed Versatility products up to 80% LTV have fallen to 6.39%. Its deal at 85% LTV and Versatility Plus deal up to 80% LTV start from 6.79%.
The Versatility and Versatility Plus ranges can accommodate select adverse credit criteria, limited employment history, unusual property types and self-employed with one-year’s accounts.
Credit Repair products up to 70% LTV begin from 67.5% on a two-year discounted rate and 6.99% on a two-year fixed rate.
Those with active debt management plans over six months old, defaults over three months old and discharge bankrupts from day one can be accepted.
Tom Denman-Molloy, Mansfield Building Society’s intermediary sales manager, said: “With more interest rate stability returning to the market, we wanted to do everything we can to help those with complex circumstances who are underserved by mainstream lenders.
“Brokers have commented on how competitive our rates are for the criteria that we’re willing to accept and we really wanted to go further to extend the appeal of our individual underwriting approach.”
Last month, Mansfield Building Society launched into the Scottish BTL market.
