The Marsden in widespread product portfolio refresh

Published on

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

The move sees a combination of changes to term end dates, introduction of new products which includes a five-year fixed expat buy-to-let product.

Steve Robinson, head of lending at the Marsden said: “We’ve done a full refresh of our mortgage range and reviewed where our lending solutions support intermediaries best.

“As part of this, we’ve introduced a five-year fixed expat buy-to-let product, to meet a growing demand in this market.

“As well as this, we’ve widened our lending solutions with a short-term mortgage within our standard residential range. Following feedback from brokers looking for an alternative to bridging, we’ve introduced a product with a maximum of two-year product term on interest-only and has no early repayment charges which is available up to 60% LTV.

“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.

“Product changes further extend across our popular later life ranges for older borrowers and Retirement Interest Only.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Merry Christmas from Opus First Media!

Wishing you a Soup-er Christmas and a prosperous 2026! Between Christmas and the New Year...

Two-thirds of landlords plan to expand portfolios

Two-thirds of landlords are planning some form of growth activity in the year ahead...

High street banks line up in £2.5bn contest for Evelyn Partners

Barclays and NatWest Group have progressed to the second round of an auction for...

Improving mortgage choice and lower rates ease affordability pressures for homebuyers

Homebuyers entering the market this Christmas are benefiting from improved mortgage choice and lower...

Cynergy Bank completes first residential mortgage-backed securitisation

Cynergy Bank has completed its debut securitisation transaction, securing capital relief as it continues...

Latest publication

Other news

Merry Christmas from Opus First Media!

Wishing you a Soup-er Christmas and a prosperous 2026! Between Christmas and the New Year...

Two-thirds of landlords plan to expand portfolios

Two-thirds of landlords are planning some form of growth activity in the year ahead...

The questions I was asked most this year

Why did you join Teachers Building Society? It’s no secret that prior to joining Teachers...