What Morgage Awards
 
   
3 Year Discounted Rate (DID096) - up to 90% ltv
Available for home purchase or remortgages i.e. mortgage transfers from another lender. (Product Code DID096).

Initial Interest Rate Payable
Variable rate for the first 3 years - currently 3.43%

then pay the standard variable rate for the rest of the mortgage term - currently 5.59%.

The overall cost for comparison is 5.3% APR.

Minimum rate payable of 2% will apply during the discounted period.
Benefits
Standard variable rate discounted by 2.16% for the first 3 years.
Higher lending charge paid by Society.
Basic valuation fee refunded on completion up to a maximum of £400.
Interest calculated daily.
A repayment of capital up to a maximum of 10% of the agreed advance will be allowed each year during the discounted period. Any additional capital payment made in any year during the discounted period will incur an early repayment charge of 3% of the excess amount.
Repayment options: Capital repayment. Interest only is also available provided the loan to value does not exceed 75%. Part capital repayment/part interest only is available subject to the interest only element not exceeding 75%.
Available up to a maximum repayment term of 35 years subject to a maximum age of 85 at the end of the mortgage term.
Maximum Loan to Value
90% of the purchase price or valuation, whichever is the lower, exclusive of the completion fee.
Loan Size
Minimum £25,000. Maximum £300,000.
Eligibility
Subject to residential owner-occupation on property located in England or Wales and our standard lending criteria.
Early Repayment Charges and Conditions
Interest will be charged up to and including the date of redemption. In addition, an early repayment charge equivalent to 3% of the agreed advance including any fees added will be made if the mortgage is redeemed at any time during the first 3 years. This will be waived if a new consecutive loan for at least the same amount as the total mortgage balance outstanding is taken out with us. If a new mortgage for at least the same amount as the total mortgage balance outstanding is taken out within 3 months of full repayment, then the early repayment charge will be refunded.

FEES
We require a non-refundable application fee of £199 at the time of application in order to proceed. In addition, a £800 completion fee will be added to the loan amount and become interest bearing. Borrowers preferring to pay the fee in full may do so on or after the date of completion. The fee may be paid by debit or credit card without incurring additional charges.

Availability
This scheme is subject to availability and may be withdrawn at any time.
Call: 01623 676345
Mon - Fri 9.00am* to 5.00pm
*Weds from 10am
Sat 8:45am to 12.15pm
Email us

Your home may be repossessed if you do not keep up repayments on your mortgage


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The Mansfield Building Society, Principal Office, Regent House, Regent Street, Mansfield, Notts, NG18 1SS
Tel: 01623 676300 • Fax: 01623 676356 • Email: enquiries@mansfieldbs.co.uk
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Reference number 206049. 
Member of the Building Societies Association.