SimplyBiz Mortgages has announced an exclusive partnership with Marsden Building Society, offering a new range of mortgage products specifically designed for clients aged 55 and over. These products are available exclusively to SimplyBiz Mortgages members.
The exclusive range includes options from Marsden’s ‘Lending into Retirement’ and ‘Later Life’ product lines, featuring two- and five-year fixed rate mortgages starting at 4.99%.
The loans have a loan-to-value (LTV) ratio of up to 60% and offer free valuations on properties valued up to £1,000,000.
Makayla Everitt, head of SimplyBiz Mortgages, expressed enthusiasm about the partnership: “We have a long and mutually supportive relationship with Marsden Building Society and are pleased to be able to offer this range of exclusive products to our members, who are already very active in these lending areas.
“We know the products will be well received and will support the solutions our members find for their clients, extending their options and meeting a wider range of needs.”
Heather Crinion, operations director at Marsden, added: “We’re excited to launch a range of exclusives with SimplyBiz Mortgages across our newly launched Lending into Retirement range, and our existing Later Life range.
“The products, designed specifically for those aged 55+, offer more options for those looking to borrow in and into retirement, supported by the Marsden’s individual approach to underwriting and expertise in the later life space.”