Marsden Lending Solutions: Expat Residential and Expat Buy to Let products

07 June 2018

This week, Marsden Building Society widens its lending solutions so all intermediaries can gain access to its expat proposition.

Marsden Building Society have been lending in this market since 2012 and have built up a wealth of expertise supporting intermediaries and their clients through exclusive distribution channel. With a growing demand for expat clients, The Marsden are widening their proposition to give more intermediaries and their clients access to the Society and the expat buy to let and residential markets.

Steve Robinson, Head of Lending at the Marsden said:

“Our focus is to provide a wide range of lending solutions for intermediaries. Our lending solutions are positioned to provide support for underserved markets and how we, as a lender can help support intermediaries and their clients more in these areas whether it be through criteria adjustments or our pricing.”

“For us, expat lending has always been something that intermediaries and their clients needed and increasing the access for them is important to ensure they’re able to offer more choice in their mortgage solutions. Over 5.5 million British people live permanently abroad and whether they’re looking to maintain a level of income through a Buy to Let or support their family in a residential mortgage- we offer tailored expat lending solutions”.

The Marsden’s Expat Buy to Let product range offers four discount rate products from 2.89%. A selection of 2 and 3-year products available up to 75% LTV on interest only or repayment. Products are available for a loan size up to £750,000 and 5% overpayments. A wider range of five products is available in the Expat Residential range with 2 year products starting at 2.79% at 60% LTV and 3.29% up to 80% LTV.

All product details are available on the Marsden Intermediary site alongside the Expat toolkits and can be found on the main product sourcing platforms. For more information, get in touch with the Marsden Intermediary Support Team on 01282 440583*.