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.”
