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Buy to Let

The Mansfield launches two-year BTL discount at 3.29%

Samantha Cordon
Written By:
Samantha Cordon
Posted:
Updated:
02/04/2014

The Mansfield Building Society has launched a two-year buy-to-let discount at 3.29% up to 70% loan-to-value.

Loans are available up to a maximum of £300,000 and the product carries an application of £199 and completion fee of £999.

Mike Taylor, sales and marketing manager, said: “The Mansfield maintains the traditional strengths of the building society movement.

“We are passionate about understanding the wider marketplace and providing the kind of products to match the needs of particular sectors.”

Taylor said the society expects to see continued cgrowth in the buy-to-let sector this year and its new product demonstrates a clear intention to offer competitive options to support brokers and landlords.