Mansfield announces record mortgage growth for second year running

24 April 2026

Mansfield Building Society has announced record mortgage lending for the second successive year at its 156th Annual General Meeting.

The Member-owned organisation grew its mortgage balances by over 10% and recorded £148million of new mortgage lending in 2025.

Retail savings balances increased by 7.3% with the Society’s total savings balances now exceeding £500million for the first time in its long history.

In addition to the Society’s impressive growth, it also reported significant investment in its core banking platform. The new system, set to be rolled out in 2026, will make it easier and quicker for Members and mortgage brokers to transact, whilst enhancing the personal experience which remains at the heart of the Society’s service proposition.

Aside from the Society’s commercial performance, The Mansfield remained true to its mutual roots, donating just under £145,000 to local charities and worthy causes through its Community Support Scheme and Charitable Trust.

Chief Executive, Paul Wheeler, said Mansfield’s performance reflected the Society’s commitment to customer service and delivering real value to borrowers and savers:

“In a competitive market, we have achieved strong growth through a determined effort to offer compelling products matched by excellent service.

Not only were we awarded the accolade of Best Self-build Lender in 2025, we were also shortlisted as finalists in the British Bank Awards and the Moneyfacts Awards for our savings offer.

Our investment in technology means that Members, broker partners and colleagues will benefit from significant upgrades in 2026 as we roll out our new core banking platform, building on our success and enabling us to help more and more people build brighter financial futures.”