Martin Reynolds, chief executive of SimplyBiz Mortgages, said: “We are delighted to welcome Mansfield to our panel. Its product offering will provide our members with that extra choice that is required in a number of the niche mainstream product areas. In addition their sensible approach to underwriting will help cater for those customers that do not fit the High Street score card norm.”
Mike Taylor, sales and marketing manager at Mansfield Building Society, said: “We believe that SimplyBiz members will provide us with the customer profile that will complement our business model. Its ability to provide compliance for all its mortgage club members was a key factor in our decision to partner with them.”
Taylor added: “In addition to our residential owner-occupied mortgages, we have a competitive range of 2 and 3-year fixed and discounted buy-to-let products all of which are available throughout England and Wales.
“The fact that we do not use automated credit scoring means that we are able to get a closer understanding of each case and offer a more flexible underwriting approach.”