Cracking new discount mortgage from Mansfield BS - Mortgages - News - Moneyfacts


Cracking new discount mortgage from Mansfield BS

Cracking new discount mortgage from Mansfield BS

Category: Mortgages

Updated: 09/12/2010
First Published: 09/12/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Mansfield BS has launched a new discount variable rate mortgage that should appeal to those with a 25% deposit or more.

The New Discounted Variable Rate Mortgage charges a rate of 2.99% for three years (2.60% discount). There is a maximum loan-to-value of 75%, a fee of £599, and incentives of an offset option and refund valuation (maximum £400).

Free legal fees or £250 rebate are offered to those remortgaging.

This product is likely to prove popular and has been awarded with the maximum of five out of five Moneyfacts stars.

Find the best mortgage rate - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Does your mortgage lender owe you money?

Earlier this week, the financial watchdog revealed that hundreds of thousands of mortgage holders could have been overcharged by their lender. Are you one of the many who could be in line for a windfall?

Do you think your home will rise in value?

There’s been a lot of talk recently about the rate of house price growth slowing, but is it affecting your personal expectations? According to research, it could be, with fewer people now expecting the value of their property to increase.

Confidence among “second steppers” is on the rise

We all know how difficult it can be taking that first step on the ladder, but what about the second step? In many cases, getting onto the next rung can be just as challenging, but happily, confidence among this cohort appears to be on the rise.