Mansfield Building Society has expanded into the Scottish buy-to-let (BTL) market.

The move will see the lender roll out its existing business BTL, consumer BTL and regulated family BTL products to Scottish borrowers.

However, there are some postcode restrictions in place for the Scottish islands.

Loan sizes for the new products will range between £50,000 and £1m and will have a maximum loan-to-value (LTV) of 75%.

Expat BTL will be included in the new range but the society’s special purpose vehicle Ltd company BTL and holiday let lending will be excluded.

Mansfield Building Society sales manager Tom Denman-Molloy says: “Mansfield’s launch into the Scottish BTL market enables us to expand our reach and offering to include Scottish landlords who now have access to our flexible and personal lending solutions.”