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Later Life Mortgages

Mature couple sit together after sorting an Older Borrower mortgage with Marsden Building Society Intermediaries.

Our Later Life mortgages work like a conventional mortgage, however, they're designed to support your clients aged 55+ who want to borrow in retirement.

Last updated 05 June 2024.

Product portfolio (PDF)

Our product portfolio contains the rates and details of the Later Life mortgage products currently available for intermediaries.

Key criteria

Key criteria for our Later Life range:

  • Available to those aged 55+
  • Interest only or repayment up to 60% LTV
  • Earned income considered up to age 75
  • Minimum loan size £30,000 (unless stated otherwise)
  • Minimum property value £150,000 (unless stated otherwise)
  • Downsizing accepted as a repayment vehicle


View our full Later Life criteria.

Featured product

Our featured Later Life product is: FXR962


  • Fixed rate to 31/07/26
  • Follow-on variable rate of 7.24% to 31/07/29
  • No booking fee
  • £998 arrangement fee

Useful downloads

Downloads to help you apply:


You can find more forms and checklists on our Downloads page.

*Please note: When downloading the Affordability Calculator, you'll need to save the file into a trusted location (for example, your personal folders, not 'downloads') to ensure maximum accessibility.

Our minimum equity requirement is subject to underwriter's discretion.

For joint applications we will accept both incomes, earned or pension income, so we assess just like a conventional mortgage. Please note cases are subject to income multiples of 4.5x income and earned income is subject to a maximum age of 75 or retirement age, whichever comes sooner

You can find an AIP form on our ‘Downloads‘ section. Please complete the editable PDF and email it to intermediaries@themarsden.co.uk. The team will then assess it and contact you with the outcome. Please check our ‘Service standards’ page to see our current AIP turnaround times.

Later Life FAQs
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Later Life FAQs

Service standards
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Service standards

How to apply
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How to apply

Contact us
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Contact us

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