The Marsden Building Society has reduced fixed rate mortgages across its full product range for residential, later life, expat and first time buyer clients.
For later life clients, Marsden has introduced new two, three and five-year fixed rate products, designed for clients who are aged 55 and over. It has also added a two-year product to the Retirement Interest Only (RIO) range.
Marsden’s residential and first time buyer options include reduced fixed rates across their Family Step, Joint Borrower Sole Proprietor (JBSP) and lower deposit residential ranges, removing booking and arrangement fees across their first time buyer products.
For expat clients wishing to purchase a UK home from overseas, additional fixed rate products have been added to the portfolio which can be taken out on two, three and five-year terms.
As well as new products, the Marsden has also introduced a simplified product portfolio, where intermediaries can access the full product range from one ‘new-look’ document.
Heather Crinion, general manager (operations) at the Marsden, said: “We want to make it easier for our intermediaries to find a product that works for their client, that’s why we’ve not only refreshed our products, but also introduced a simplified portfolio for intermediaries, moving individual portfolios for each of our lending areas into one easy-to-use document.”