Mansfield Building Society

The Mansfield Building Society offers complex prime mortgages as part of its individual underwriting service.

Our products are ideally suited to applicants who may have unusual income circumstances such as income from multiple sources, or terms of employment that do not meet normal requirements.

Key features of our complex prime lending criteria include:

  • Up to 4 applicants using 3 applicants’ incomes when calculating the maximum borrowing
  • Self employed applicants require a minimum of 1 years accounts plus either a projection for the current year, or 6 months’ management accounts
  • Applications considered where bankruptcy and IVA have been discharged more than 3 years ago
  • Applications considered where a maximum of 5 CCJs/Defaults have been satisfied over 3 years ago up to a maximum of £5,000
  • Applications considered where a maximum of 3 CCJs/Defaults satisfied in the last 3 years up to £500 (total) with none in the last 6 months
  • Previous missed or late payments on mortgage or credit commitments considered
  • Also available on the Help to Buy Equity Loan Scheme in England and Wales

Working with Complete FS

" Complete FS have helped The Mansfield to develop a new distribution channel, through a great understanding of our niche market focus and requirements.
Through a great working relationship, professionalism and attention to detail, anticipating our underwriting needs to speed up the process and avoid unexpected surprises. Our broker relationships are key to our success and the partnership with Complete endorses our values. "