Refreshed product portfolios for First Time Buyers and Older Borrowers
This week, our new product portfolios hit the market introducing 25 new products across our Older Borrower and Residential portfolios. On average, you’ll find a reduction of 0.25bps across most product areas as well as some new product options across the portfolios.
Rob Pheasey, Chief Executive at the Marsden said, “This product launch sees the rates reduced across the portfolio as well as a new addition of a 3 year discount which permits unlimited overpayments and no early repayment charges and offering increased flexibility that some borrowers may need. We remain committed to the market and offer competitive options for interest only clients in retirement up to 60% LTV.”
Alongside the changes to their Older Borrower range, Rob also noted; “We have also strengthened our standard residential range with a specific focus on first time buyers with 2 and 3 year fixed rates now available.”
The products have launched on sourcing systems and the Marsden Intermediary website www.themarsden.co.uk/intermediaries. If you have any questions, please get in touch with the Marsden team on 01282 440583 or visit their website for more information.
