Marsden BS revamps residential and older borrower range

Marsden Building Society has launched new products to its intermediary partners across its residential, buy-to-let and older borrower portfolios.

Related topics:  Mortgages
Rozi Jones
16th January 2017
Marsden Building Society

Marsden’s older borrower range sees a reduction in rates across all of its products, with pricing starting at 2.39% for a two-year discount, 2.59% for a three-year discount, plus two-year fixes at 2.89%.

Marsden's residential products now start from 1.49% for a two-year discount up to 80% LTV, rising to 2.09% at 90% LTV and 2.39% for a two-year fix at 90% LTV.

Buy-to-let rates have been reduced to 2.29% up to 75% LTV.

Added benefits for residential and buy-to-let borrowers include free standard valuation for properties and fees assisted remortgage legals valued up to £500k when using the Marsden’s nominated legal firm. Additionally, all products are fully portable, offering the borrower the chance to make 5% annual overpayment.

The Marsden has also announced a number of new criteria and changes including no upfront booking fees, and interest-only and repayment available up to 60% LTV for remortgages and house purchases.  

Heather Crinion, General Manager at Marsden Building Society, said: “Our focus on individual underwriting and personal service means that we can often offer solutions for our customers to help them borrow. Our products are competitive, have great incentives and are delivered by our award winning customer service team who look forward to assisting intermediary brokers with enquiries and future applications.”

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