The Mansfield reports record mortgage lending for second year running

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Mansfield Building Society has reported record mortgage lending for the second successive year, after growing mortgage balances by more than 10% in 2025.

The member-owned society announced the figures at its 156th annual general meeting, where it said new mortgage lending reached £148 million during the year.

Retail savings balances increased by 7.3%, with total savings balances exceeding £500 million for the first time in the society’s history.

Mansfield also reported investment in its core banking platform, with a new system due to be rolled out in 2026. The society said the upgrade would make it easier and quicker for members and mortgage brokers to transact, while supporting its personal service model.

The society donated just under £145,000 to local charities and other causes through its Community Support Scheme and Charitable Trust.

Paul Wheeler, chief executive of Mansfield Building Society, said: “In a competitive market, we have achieved strong growth through a determined effort to offer compelling products matched by excellent service.

“Not only were we awarded the accolade of Best Self-build Lender in 2025, we were also shortlisted as finalists in the British Bank Awards and the Moneyfacts Awards for our savings offer.

“Our investment in technology means that Members, broker partners and colleagues will benefit from significant upgrades in 2026 as we roll out our new core banking platform, building on our success and enabling us to help more and more people build brighter financial futures.”

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