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Mansfield Building Society – Offset Tracker Mortgage

Mansfield Building Society – Offset Tracker Mortgage

Type: Offset tracker mortgage

Tracker term: Life of loan

Tracker rate: 2.7% above the Bank of England base rate

Payable rate: 3.2%

Minimum loan: £50,000

Maximum loan: Up to 75% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free basic valuation up to £400, free legal fees for remortgages if the Society’s solicitors used or £250 towards legal costs

Flexible features: Overpayments, payment holidays, lump sum withdrawals, interest calculated daily, offset feature

Arrangement fee: £999

Redemption fee: 2% of the amount repaid in the first two years

Introducer¹s fee: Refer to lender

Tel: 01623 676345



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