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.

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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.