Saffron BS unveils product reprice and relaunch

Published on

Saffron Building Society has announced a repriced and relaunched product offering.

The Society has repriced across a selection of residential products and has also taken the decision to relaunch a range of buy-to-let fixes.

Details are as follows:

Repriced product offering:

  • SELF-EMPLOYED: Two new products are being repriced for the self-employed: 2-year fixed – 80% LTV – 6.77% and 5-year fixed – 80% LTV – 6.67%
  • OWNER OCCUPIED: 2-year discount – 80% LTV – 4.99% (SVR-3%)
  • RETRO-FIT RESIDENTIAL: 2-year fixed – 80% LTV – 6.47%

Reintroduced product offering:

  • BTL: 5-year fixed – 75% LTV – 6.37%
  • LTD COMPANY BTL: Two new products are being relaunched in the LTD Company BTL range: 2-year discount – 75% LTV – 6.09% (SVR-1.90%) and 5-year fixed – 75% LTV – 6.57%
  • EXPAT BTL: Two new products are being relaunched in the Expat BTL range: 2-year discount – 75% LTV – 6.19% (SVR-1.80%) and 5-year fixed – 75% – 6.67%

Tony Hall (pictured), head of business development at the Saffron, said: “This product reprice and relaunch means that Saffron continues to be able to give choice to our broker partners. Product withdrawals and relaunches are a common feature of the mortgage market and with that in mind, I am pleased that we can offer fair and reasonable notice to brokers, and then return with refreshed products swiftly after.”

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

Mortgage leaders urge sector to take part in ED&I survey

Senior figures from Mortgage Advice Bureau, Legal & General and Coreco have urged mortgage...

The Right Mortgage adds TAB to lender panel

The Right Mortgage & Protection Network has added specialist property finance lender TAB to...

LSL signals further profit growth as market steadies after refinancing surge

LSL Property Services has said it expects to deliver further profit growth in 2026,...

Nadine Coyle and AJ Odudu to headline Sort Ball

Sort Group has announced Nadine Coyle and AJ Odudu as the headline acts for...

Beyond the walk: Mortgage leaders talk mental health – part 14

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...

Latest publication

Other news

Mortgage leaders urge sector to take part in ED&I survey

Senior figures from Mortgage Advice Bureau, Legal & General and Coreco have urged mortgage...

The Right Mortgage adds TAB to lender panel

The Right Mortgage & Protection Network has added specialist property finance lender TAB to...

LSL signals further profit growth as market steadies after refinancing surge

LSL Property Services has said it expects to deliver further profit growth in 2026,...