The Mansfield opens up shared ownership to all brokers

Published on

The Mansfield Building Society has widened the distribution of its shared ownership mortgage offer to all mortgage intermediaries across England and Wales.

The Mansfield’s proposition, which was previously only available to specialist shared ownership brokers, includes a two-year fixed rate mortgage available up to 95% loan to share (75% LTV) with no completion fee and a free basic valuation.

Andy Alvarez (pictured), head of mortgages sales at the Mansfield, said: “Offering a high quality experience for borrowers is really important to us at The Mansfield. We have been active as a shared ownership lender for many years now and have partnered with specialist brokers to ensure that we can provide the service that these borrowers need.

“Whilst we will continue to work in partnership with sector specialists, we also recognise that shared ownership is maturing and we wanted to open up our offer to more brokers. We’re confident that we can continue to offer our service to the high standards we expect for all brokers and provide their clients with the freedom and flexibility they need.

“This is the first of many positive changes coming up from The Mansfield Building Society which we look forward to sharing with the industry in the weeks to come.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...

HTB provides £20m+ facility for land portfolio refinancing

Hampshire Trust Bank has completed a development finance facility in excess of £20m to...

Davisons Law joins conveybuddy panel

Conveyancing distributor conveybuddy has announced that West Midlands-based Davisons Law has joined its panel...

Latest opinions

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Other news

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...