Marsden BS reduces fixed rates across full product portfolio

26 June 2019

Marsden Building Society has refreshed its product portfolio, reducing fixed rate mortgages across its full product range for Residential, Later Life, Expat and First Time Buyer clients.

For Later Life clients, Marsden has introduced new 2, 3 and 5 year fixed rate products, designed for clients who are aged 55 and over. Adding an additional 2 year product to the Retirement Interest Only (RIO) range, they continue to provide solutions for those looking for a conventional mortgage in later life.

Marsden’s Residential and First Time Buyer options include reduced fixed rates across their Family Step, Joint Borrower Sole Proprietor (JBSP) and lower deposit Residential ranges, removing booking and arrangement fees across their First Time Buyer products.

For Expat clients wishing to purchase a UK home from overseas, additional fixed rate products have been added to the portfolio which can be taken out on 2, 3 and 5 year terms.

As well as new products, the Marsden has also introduced a simplified product portfolio, where intermediaries can access the full product range from one ‘new-look’ document, making it easier to find the right product for their clients’ needs.

Heather Crinion, General Manager (Operations) at the Marsden said, “We want to make it easier for our intermediaries to find a product that works for their client, that’s why we’ve not only refreshed our products, but also introduced a simplified portfolio for intermediaries, moving individual portfolios for each of our lending areas into one easy-to-use document.”

The products are live on sourcing systems and the Marsden Intermediary website www.themarsden.co.uk/intermediaries. If you have any questions, please get in touch with the Marsden team on 01282 440583 or visit their website for more information.