Does Marsden Building Society offer equity release?

If you have started looking into later-life lending then equity release has probably been a consideration.

With so many providers and plans to choose from, how do you know who offers what and where to start?

We are here to help.

Therefore:

As experts in the equity release field, we have combed the market, researched all equity release service providers and gathered the essential information for you.

Can Marsden Building Society help you fund your retirement?

NOTE: SovereignBoss is an impartial and unconnected third-party information provider via this website, and the details replicated in this commentary represent the opinions of SovereignBoss only and may not reflect the views or opinions of Marsden Building Society. This article must not be interpreted as advice, nor is it a solicitation to conduct transactions in any financial product provided by Marsden Building Society.

What Is Equity Release and Lifetime Mortgage?

An equity release mortgage is a type of loan that allows homeowners to unlock the value of their property without having to make regular payments.

Instead, the loan and the interest accumulated over time are paid back only when the homeowner either passes away or moves into permanent care.

This option is particularly beneficial for those in retirement, as it provides access to funds while still allowing them to remain in their home.

The repayment is typically handled through the sale of the property after the triggering event occurs.

Read On: Understanding Equity Release in 2025

Who Is Marsden Building Society?

The Marsden Building Society is a building society based in Nelson, Lancashire, United Kingdom.¹ 

It is a member of the Building Societies Association², a UK-based trade association for building societies.

Why Consider Marsden Building Society?

You may want to consider Marsden Building Society for its later-life lending mortgages designed to help you access money to support your retirement.

Marsden Building Society was one of the first providers to offer mortgages to those over 55.

It currently has an Older Borrower and a Retirement Interest Only (RIO) Mortgage for you to consider.

Does Marsden Building Society Have an Equity Release Calculator?

No, Marsden Building Society does not have an equity release calculator, but it does have an affordability calculator available on its website.

If you are curious to see approximately how much you may be able to release from your home, why not try our easy-to-use calculator below?

What Are The Pros and Cons of Marsden Building Society?

The pros of Marsden Building Society include that it offers plans for later-life borrowers, while a disadvantage is that it does not offer equity release.

Marsden Building Society Pros

More pros of Marsden Building Society are:

• It offers a range of products to older borrowers.
• You are not required to produce a credit score.
• You can continue to live in your home.

Marsden Building Society Cons

The cons of Marsden Building Society are:

• Equity release is not an option it offers.
• It's later-life lending plans require monthly repayments.
• It's plans require you to prove you get an income and are able to make the monthly payments.

Marsden Building Society Customer Reviews and Ratings

Marsden Building Society has received mixed customer reviews online.

Read detailed reviews on popular customer review platforms below.

• Marsden Building Society Review on UK.TrustPilot.com
• Customer reviews for Marsden Building Society found on SmartMoneyPeople.com

How Did We Review the Information On Marsden Building Society?

We reviewed Marsden Building Society based on the following:

• Reputation and History – How many years they have been in business, customer reviews, and industry rewards received.
• Financial Strength – Ensuring it is going strong and has adequate funds to meet long-term commitments.
• Product Range – We favour companies offering a variety of equity release schemes with greater product flexibility.
• Interest Rates and Fees – We review competitive rates compared to industry averages and they must be fully transparent about rates and fees without hidden costs.
• Customer Service and Support – When and how it is available, response times, and available online educational resources. As well as online tools, like a calculator.
• Code of Conduct and Compliance – We only consider companies that adhere to recognised industry standards and codes.
• Industry Insights and Peer Reviews – We care about a company’s industry-wide reputation.
• Innovation and Technology – Is there a streamlined, digital application process?
• Client Testimonials – Success stories and the complaints resolution process.

We are not affiliated with Marsden Building Society, and our review of it's information is completely independent.

Marsden Building Society Complaints

If you are dissatisfied with Marsden Building Society and wish to make a complaint, you can do so in the following ways:

• Directly at one of its branches
• Calling the Complaint Administrator: 01282 440542 or 01282 440574
• Writing to the Complaint Administrator:
  6-20, Russell Street, Nelson, Lancashire, BB9 7NJ
• Emailing the Complaint Administrator: 
  complaints@themarsden.co.uk

Alternatively, use a review site like Trustpilot³ or Feefo⁴ to leave a review and they will respond quickly.

Marsden Building Society's Equity Release Alternative's Interest Rates

Marsden Building Society offered an Older Borrower Mortgage and a Retirement Interest Only Mortgage as equity release alternatives.

Both products have temporarily been withdrawn from Marsden Building Society's product offering.

If you are curious about equity release interest rates, they are available from 5.97% to 6.28%*.

You can learn more about the interest rates on equity release here.

*While we regularly review our rates, these may have changed since our last update.

What Are Marsden Building Society's Fees?

Marsden Building Society does not charge a booking or arrangement fee on its later-life mortgage products.

When you set up a meeting to discuss your lending options, your adviser will specify any fees that will be applicable to your plan.

Learn More About Marsden Building Society

If you are 55 or older and searching for a way to fund your retirement, Marsden Building Society may be able to assist you.

It's retirement mortgages provide options for UK citizens who are nearing or have reached retirement age and need a mortgage for their house.

Retirement Mortgages and Retirement Interest Only (RIO) Mortgages are the two options available.

Since 1860, the Marsden Building Society has provided mortgage assistance to consumers.

It understands that each customer’s mortgage demands are unique, thus they work hard to provide personalised service and practical mortgage options.

FCA Details

Regulators

• Financial Conduct Authority (FCA)⁵
• Prudential Regulation Authority (PRA)⁶

Registration Numbers

• FCA Ref Number: 206050

FCA Link

FCA Link: FCA Link

Marsden Building Society Contact Number and Address

• +44 1282 440 500
• intermediaries@themarsden.co.uk
• Marsden Intermediaries - 6-20, Russell Street, Nelson Lancashire BB9 7NJ.

Common Questions

Conclusion

As a building society, Marsden Building Society is not one of the equity release providers in the UK, but it offers an alternative that may work just as well.

If you are over 55 and want to borrow money to make home improvements, pay off debts, purchase a second home, or help your family out, then the Marsden Building Society later-life mortgages can help.

So, even though Marsden Building Society are unable help with equity release, it could still be an option your financial advisor may recommend as an alternative.

The features mentioned and the amounts raised, are subject to the lender’s criteria, terms and conditions. These may take into account the age, health and lifestyle factors in order to provide an enhanced amount. To understand the features and risks, ask for a personalised illustration.