The lender said it was “strengthening its specialist lending proposition at a time when wider market availability is being constrained by global economic uncertainty“.

The fixed rate reductions include 40bps cuts to Mansfield’s credit repair fixed rate up to 70% LTV, now 5.99%.

Further cuts include 20bps reductions to the lender’s versatility plus two-year fixed rate to 80% LTV and versatility two-year fixed rate to 85% LTV, both now 5.99%.

Mansfield’s credit repair range supports borrowers with historic or recent credit issues, including credit defaults, active Debt Management Plans, and discharged bankrupts.

The lender’s versatility range caters for borrowers whose needs fall outside standard criteria, including those with minor credit blips, complex income structures, skilled worker visas, and self‑employed applicants with one year’s trading history.

The range also supports lending on unusual or non‑standard property types.

Mansfield Building Society head of sales Tom Denman-Molloy (pictured) said: “These reductions across our versatility and credit repair ranges underline our continued commitment to the specialist market and provide valuable support for brokers working to place complex cases.”