New deals from Saffron For Intermediaries

Published on

percentage cubes

Saffron For Intermediaries has today unveiled a new range of mortgages.

The new offering includes improved discounts across most products, including mortgages for the self-employed, professionals, contractors, self-builders, owner-occupiers and landlords.

Maximum LTVs for the self-employed have risen from 80% to 85% LTV, for owner-occupiers from 80% to 90% LTV and for buy-to-let mortgages up from 75% to 80% LTV.

The broker channel of Saffron Building Society has also added a new 70% LTV band with a 3.19% three-year discount for ‘Everyday’ purchase and remortgages.

The reversion rate for professionals has been lowered by one percentage point.

Anita Arch, senior business development manager at Saffron For Intermediaries, said: “Our new range includes a number of enhancements requested by brokers and borrowers. We’ve sharpened our rates, increased our LTVs and most of our products are ERC fee.

“Our mortgages cater for a wide range of situations and if an existing mortgage doesn’t quite fit because your client requires features from several of our products, then we may be able to tailor a mortgage to suit their precise needs.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...