LIFE BEGINS AT… 55!
Marsden Building Society has a new 55+ mortgage range aimed at those who are looking for a later life mortgage – whatever their reason!
The over 55 generation is growing and with it a demand for later life mortgages – whether that’s to make improvements on their existing property, free up money for a memorable holiday or to help grandchildren on the property ladder, Marsden Building Society may be able to help support your needs.
The Marsden’s 55+ Mortgage range offers a conventional mortgage that can be taken into or in retirement as an alternative to lifetime mortgages. As a later life lending expert, the team at the Marsden has come across some weird and wonderful reasons for lending to borrowers over the age of 55. Here are some of the more conventional ones…
Why when you get to a certain age would you stop investing in your home? One of The Marsden’s top reasons for lending to the over 55s is to support home improvements for customers in their existing property.
THE HOLIDAY OF A LIFETIME
With many years paying off their mortgage and having plans to downsize in the future, some customers are opting to release the funds now taking that holiday they’ve always wanted.
In a similar fashion, many are wanting to gift their children or grandchildren to support them with their first car or university fees.
A STEP ON THE PROPERTY LADDER
First time buyers are struggling to get on the property ladder and The Marsden is finding that grandparents and parents want to help grandchildren and children, with that first simple step by releasing the deposit from their property.
Finding out more information is easy, either visit the Marsden’s website or simply get in touch with their mortgage advisor team who can go through the details of the mortgage range and can offer you no obligation advice on eligibility, affordability or any other questions you may have.
Marsden Building Society
6-20 Russell Street, Nelson BB9 7NJ
Marsden Building Society, established in 1860, offers: savings, mortgages, home insurance and funeral plans by phone on 01282 440500 or through their branches in Barrowford, Burnley, Clitheroe, Colne, Garstang, Lytham and Poulton. For more information, please visit their website.