Marsden BS launches full refresh of product portfolios
04 February 2019
Today, the Marsden has added new products across it’s expat, older borrower, RIO and residential ranges which sees a combination of changes to term end dates, introduction of new products which includes a 5-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 5-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 2-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.”
The product ranges launch on sourcing systems and the Marsden Intermediary website www.themarsden.co.uk/intermediaries today. If you have any questions, please get in touch with the Marsden team on 01282 440583 or visit their website for more information.
