Marsden for Intermediaries continues to provide innovative lending solutions for its Older Borrower products

26 April 2016

Marsden’s Intermediary team has released more changes to its older borrower range thanks to feedback received from mortgage intermediaries.

The Marsden has released a new product portfolio with extended end dates, changes to fees and introduced more interest only fixed rate products.

Steve Robinson, Head of Lending at Marsden Building Society said, “We continue to review the product range as it is new to the Society, intermediaries and their clients. Therefore, feedback we receive from brokers helps shape our products further and offers increased opportunities to a largely, unsupported market.”

“Older Borrowers face certain obstacles to borrowing- the right lender can help. Our approach is that older borrowers should have access to a mortgage should they pass our affordability checks and we deem it responsible to lend.”

Philip Yates, Managing Director of Yates & Co. Financial Advisors in Chester helped support some of the product changes,

“The Marsden’s continued focus on its Older Borrower range is refreshing. They are continuously developing their solution for a market that is difficult to place. By encouraging feedback from brokers and their clients to support the Marsden’s product development it highlights the value that can come from working together for the benefit of a client.”

For more information about the Society’s Older Borrower range, please visit their website intermediaries.themarsden.co.uk