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Marsden Building Society shakes up product range

Marsden Building Society has announced various changes to its product range, along with the addition of new mortgages.

In the building society’s residential range, intermediaries will find a new 80 per cent LTV three-year discount at 1.99 per cent and a new 90 per cent LTV three-year discount at 2.49 per cent alongside extensions to March for a number of its existing discounted residential products.

Within its expat buy-to-let range, fees on selected 75 per cent LTV two- and three-year discounts have been set to 0.5 per cent and the end dates have been brought to December.

For expats looking to settle down abroad, 0.3 per cent has been chopped off the 80 per cent LTV two-year discount, to give 2.99 per cent. Furthermore, the arrangement fee has been reduced from 0.75 per cent to 0.50 per cent. Borrowers may also opt for an 80 per cent LTV three-year fix at 3.49 per cent.

For older borrowers, the 60 per cent LTV two-year discount has been reduced by 0.4 per cent, giving a rate of 1.99 per cent.

Marsden Building Society head of lending Steve Robinson says: “We continually review and develop our intermediary positioning to ensure that mortgage brokers have full access to competitive product rates, fees and product terms that fit client requirements.”

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