Mansfield Building Society has returned its maximum loan-to-value (LTV) for debt consolidation to 90% as part of various criteria changes.
The society says the move is designed to help homeowners looking to manage their finances through remortgaging.
In addition, gifted deposits will be accepted on credit repair cases to help more families support loved ones with their homeownership plans.
Further updates include standardising downsizing criteria across the UK, with a minimum equity requirement of £200,000 regardless of location, and removing the maximum age limit on…