NEW Later Life Products

Marsden Building Society are experts in later life lending and have just launched a range of new products for their Older Borrower and Retirement Interest Only (RIO) ranges.

From 23 June, their later life portfolio includes;

Older Borrower

  • A set of conventional mortgage products for those aged 55 and above
  • Available up to 60% LTV on a repayment or interest only basis
  • 2-year discount rates from 1.79% (DSR934)
  • 2-year fixed rates from 2.29% (FXR663)
  • 5-year fixed rates from 2.79% (FXR666)

More information about the Marsden’s Older Borrower range can be found here.

RIO

  • Interest only mortgages available to those aged 55 and above
  • Repaid when a life event occurs
  • Available up to 55% LTV
  • 2-year fixed rates from 2.29% (FXD668)
  • 5-year fixed rates from 2.79% (FXD670)

More information about the Marsden’s RIO range can be found here.

The Marsden offer free valuations on properties up to the value of £500,000 and fee assisted legals on remortgage cases across their later life range.

To find out more about the Marsden, visit their website, or if you’d like to discuss a case, product or criteria, contact your BDM, Katie Broome on 07814 773883 or k.broome@themarsden.co.uk