Marsden Building Society has reintroduced a 95% loan-to-value (LTV) residential mortgage product with a 4.99% fixed rate available until 30th April 2030.
The product requires a 5% deposit, offers no credit scoring, and includes free property valuations for homes up to £500,000.
Additionally it comes with no booking or arrangement fees.
The maximum loan amount is £500,000, and the mortgaged property must be valued at a minimum of £100,000.
Donna Barclay, head of lending at Marsden Building Society, said: “We’re excited to relaunch this product into our intermediary portfolio, specifically designed for homeowners seeking higher LTV residential lending.
“This offering caters to a range of clients, from first-time buyers to remortgage cases, which we hope will equip mortgage advisors with more lending options for their clients across England and Wales.”
