Marsden Building Society has introduced two 95% LTV residential mortgages with rates starting at 4.99%.

The products are a fix to 30 June 2029 with a variable follow-on rate of 6.44% to 30 June 2030 and a discount rate rate of 5.59% to 31 January 2028 with a variable follow on of 6.44% to 31 January 2030.

The deals come with free valuations for properties up to £500,000, the maximum allowed to be borrowed for the loan, and legal assist on remortgage cases. No credit scoring is required and there are no booking or arrangement fees. The property must have a minimum value of £100,000.

Marsden Building Society head of lending Donna Barclay says: “We’re excited to announce this latest addition to our intermediary portfolio, designed specifically for clients looking for higher LTV residential lending. From first-time buyers with a smaller deposit to homeowners remortgaging to borrow more with a higher LTV, we hope to equip mortgage advisors with more lending options for their clients across England and Wales.”