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 and 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 trialling in the market and welcome feedback from brokers and their clients.”
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For more information, get in touch with our Intermediary Support Team on 01282 440583 or click here to visit our website.
