The two remaining products offer expat solutions up to 80% loan to value (LTV) and give intermediaries the choice between a three-year discount at 2.99% and a 3-year fixed at 3.49%. A £300 cashback is also being offered on completion for remortgage cases.
Heather Crinion, general manager (operations) at the Marsden (pictured) said: “The decision to do this is supported by a review of the clients we support in this market and working with the feedback we get from intermediaries too.”
She added: “The new simplified portfolio offers a range of expat solutions while making sourcing easier for intermediaries looking to support their expat clients.”
Marsden suggested its expat enquiries increased by 80% highlighting a growing demand in this market.
Other updates include broadening distribution of its expat range to all intermediaries, a re-introduction of Qatari Riyal to its accepted currencies and product portfolio changes.