The decision by Mansfield Building Society to offer a
Ms Adams said: “I’m quite pleased to see that somebody is willing to give 100 per cent
She added that the likelihood is that the company will be “conservative” in who it decides to provide the
Looking forwards, Ms Adams expressed the hope that “other lenders will follow suit” and offer first-time buyers a wide range of
Mansfield’s move is a limited one, as it is tied into a deal with the South Yorkshire Housing Association.
Under the terms of the deal, buyers can take a 60 per cent stake in their homes on a 100 per cent LTV, paying rent on the remainder.