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Marsden rejigs resi and later life product ranges

Marsden Building Society has added new products across its expat, older borrower, RIO and residential ranges.

The changes include amendments to term end dates and the introduction of new offers, which includes a five-year fixed expat buy-to-let product.

There are further product changes across the later life, RIO and older borrower ranges, including the addition of a 60 per cent LTV two-year interest-only product to the latter category, which includes no early repayment charges.

Furthermore, within the standard residential range, lending solutions with a short-term mortgage have been widened.

Marsden Building Society head of lending Steve Robinson comments: “We’ve done a full refresh of our mortgage range and reviewed our lending solutions support intermediaries.

“We were finding many intermediaries looking for options for their clients who are in the process of buying and potentially need a short-term mortgage.

“This is a new initiative that we’re trialing in the market and welcome feedback from brokers and their clients.”

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