According to The Mansfield, the new range includes house purchase products up to 95% LTV with remortgages available on mortgages up to 90% LTV.
The lender has also introduced a range of two and three year products with completion fees starting from only £300. All products come with a free basic valuation and free legal fees are available for those remortgaging.
New two-year discounted rates start from 2.15% variable up to 80% LTV, with three year products available at 3.49% variable up to 95% LTV.
Early repayment charges are 2% on two-year products and 3% on three and five year products, with all mortgages carrying an application fee of £199.
National Development Manager, Steve Walton, said: “Brokers have told us that they appreciate our common sense approach to underwriting and our flexible lending criteria. They also tell us that our service is pretty good too. So, if we’re right, our exciting new products should be extremely well received and we’re expecting demand to be high. With house prices remaining heavily influenced by supply and demand, we haven’t lost sight of those existing home owners looking to refinance onto preferential terms, and our products have been priced with their needs in mind.
