The Mansfield Building Society has launched four new discounted and two new fixed rate products.

Remortgage only deals are as follows:

• 2.69% discounted rate for 2 years (2.90% below SVR)
  Free valuation and free legal fees
  No ERC, application or completion fees
  Up to 80% LTV
• 2.65% discounted rate for 2 years (2.94% below SVR)
  Free valuation and free legal fees
  No application or completion fees
  Up to 85% LTV
• 3.49% discounted rate for 2 years (2.10% below SVR)
  Free valuation and free legal fees
  No ERC, application or completions fees
  Up to 85% LTV

Purchase only deals are as follows:

• 2.45% discounted rate for 2 years (3.14% below SVR)
  Free basic valuation and free legal fees
  Application fee £199 and completion fee £800
  Up to 85% LTV

The 2 Year Fixed Rate products include an option of up to 90% LTV

• 2.45% fixed for 2 years
  Up to 80% LTV
  £199 application fee, £800 completion fee
  Valuation fee refunded up to £400
  Purchase or remortgage
• 3.99% fixed for 2 years
  Up to 90% LTV
  £199 application fee, £800 completion fee
  Valuation fee refunded up to £400
  Purchase or remortgage

Mike Taylor (pictured), sales and marketing manager at The Mansfield, said: “As a building society, we want to be at the forefront of providing competitive lending backed by our individual underwriting, which takes the needs and circumstances of brokers’ clients into account. These new products represent great value and, with remortgage options offering no ERCs and no fees, offer some peace of mind to consumers cautious about potential rate increases.

“We are delighted to be able to offer a good balance between discounted and fixed rate alternatives as we continue to develop and grow our business through the intermediary sector.”