In the first half of the year the Society saw £34 million of mortgage completions compared to £22 million written in the same period last year. The success of its new lending has helped The Mansfield achieve a 4% growth in its net mortgage assets in H1.
Chief Executive, Gev Lynott, said: “Of course, we are delighted with the figures and whilst accepting underlying growth momentum in the market, there is no doubt that our strategy of increasing our presence in the intermediary sector has been one of the major factors attributed to the big jump in our mortgage completion volumes.
Our growing list of loyal brokers reassures us that our fair, responsible and commonsense approach to underwriting continues to meet consumer needs and market demand. Brokers have been quick to praise our team, not only for the way in which enquiries are handled but that each client is given individual treatment by our underwriting team for both prime and niche lending."