Marsden Building Society
Marsden Building was founded in 1860 with branches across the North West of England. They share the mutual goal with their members, “to create those special moments in life.”
The Society offers fixed rate RIO’s for homeowners aged 55+ where the maximum loan is 50% of the property’s value (LTV). The loan can be used for property purchase or remortgage and the minimum loan size is £20,000. The minimum property value is £150,000.
Marsden will use your pension income to access affordability. The minimum income must be £17,500 and in the case of joint applications, both applicants must have the necessary income to repay the monthly interest repayments.
We search the whole of the equity release market to find the best deals for you
Call us anytime
We understand that with different options to choose from, it can be difficult to find the right home reversion plan provider for you. That’s why our team of expert and impartial advisers are on hand to answer all your questions and find the right solution for you. It costs nothing to give us a call and the first and only person you’ll speak to is your local adviser. That’s because we don’t have call centres. Just highly qualified and experienced advisers ready to help you.