Marsden Building Society has increased the maximum loan-to-value (LTV) on selected expat residential products.

The building society has increased the LTV from 80% to 85% on selected expat residential repayment mortgages.

The update follows criteria changes to expat residential products to help make expat mortgages more accessible.

Marsden Building Society head of mortgages Donna Barclay says: “The needs of our borrowers are always evolving, so adapting our products to suit their requirements is extremely important.”

“We work closely with our broker network to ensure we’re offering the most appropriate solutions for their clients. As a result, we’re confident that this latest change will be well received by our expat borrowers.”