38% of borrowers with adverse credit have been turned away by a mortgage lender.

Tom Denman-Molloy, intermediary sales manager at Mansfield Building Society, explores why getting to know the reason behind a default can prove to be a much better approach than simply...

The product is aimed at borrowers with an adverse credit history.

The Society has launched new mortgage products and repriced its existing mortgage range.

The lender has launched a new range, W3.

The lender has re-introduced Tier 2 and Tier 3 buy-to-let products.

Adverse credit criteria accounted for 26.77% of the top criteria in 2023.

The Society has also launched a new self build product with no ERCs.

The lender is increasing default limits and reducing its missed payment policy.

Nearly one in ten (9%) have outstanding debts of more than £15,000.