Marsden BS expands expat range to all intermediaries

Marsden Building Society has made its residential and buy-to-let expat products available to all intermediaries.

Related topics:  Mortgages
Rozi Jones
7th June 2018
Marsden Building Society
"For us, expat lending has always been something that intermediaries and their clients needed and increasing the access for them is important "

The Marsden has been lending in this market since 2012 and previously supported intermediaries and their clients through an exclusive distribution channel.

The Marsden’s expat buy-to-let product range offers four discount rate products from 2.89% and a wider range of five products is available in the residential range with two-year products starting from 2.79% at 60% LTV and 3.29% up to 80% LTV.

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.”

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