We’ve teamed up with Marsden Building Society to give you the chance to win a £150 M&S voucher and a Jo Malone candle to bring a touch of luxury to your home.
The Marsden have been helping people to own their own home since 1860, so they understand what’s important when it comes to taking out a mortgage, especially approaching or during your retirement.
One of the first building societies to offer mortgages to those aged 55 and over, the Marsden can support those looking to borrow into or during retirement with a range of mortgages including 55+ Retirement Mortgages and Retirement Interest Only (RIO) Mortgages.
Their range of 55+ Retirement Mortgages work just like a conventional mortgage; however, they’re open to applicants from the age of 55 to 85, with a maximum term based on the oldest applicant’s age at application. Their range of RIO mortgages are an alternative to equity release and could be suitable if you’re looking to release funds from your property with no plans to downsize in the future. The interest payments must be maintained throughout the term, but the capital loan is only repaid when a life event occurs, for example, from the sale of your property if you move into long-term care.
With a UK-based team of mortgage advisers, the Marsden provide free advice for those considering a mortgage in retirement. You can find out more about a mortgage with the Marsden by visiting their website www.themarsden.co.uk, or by calling 01282 440537*.
*Calls will be recorded and may be monitored.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Marsden Building Society is authorised and regulated by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in the Financial Services Register under no:206050. Marsden Building Society is a member of the Building Societies Association, the Financial Services Compensation Scheme and the Financial Ombudsman Service. Principal Office 6-20 Russell Street Lancashire BB9 7NJ. FP191712
Simply fill in the form and answer the question below by 11am 1 September for the chance to win a £150 M&S voucher and a Jo Malone candle.