The Marsden Building Society has added new products across its expat, older borrower, RIO and residential ranges.
The move sees a combination of changes to term end dates, introduction of new products which includes a five-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 five-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 two-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 trialing in the market and welcome feedback from brokers and their clients.
“Product changes further extend across our popular later life ranges for older borrowers and Retirement Interest Only.”
