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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 It is now over 6 months old so the content may be out of date.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.

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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 Any products featured may be withdrawn by their provider or changed at any time.