The free valuations in its RIO range are available on all RIO cases and the fee-assisted legals will be available for remortgage cases.
The mutual recently made a range of later life mortgage criteria changes, including allowing 55-plus retirement properties, adding foreign pension and property rental income to its acceptable income and permitting second homes for immediate family or personal holiday use in its later life range.
Katie Broome, product manager at Marsden Building Society, commented: “We understand the increasing need for flexible and affordable solutions that support those who require a mortgage in later life.
“Whether they’re taking out a mortgage to release equity or to help a family member get onto the property ladder, we work closely with our broker partners to better understand the needs of our borrowers. We hope that these extra additions will help make a RIO mortgage more accessible for clients.”
