Saffron cuts owner-occupied rates

Saffron for Intermediaries has announced rate reductions across its Owner Occupied range.

The full series of new rates includes:

80% LTV 2-year fixed rate Owner Occupied product down 20bps to 5.17%, £999 arrangement fee
80% LTV 5-year fixed rate Owner Occupied product down 20bps to 4.77%, £999 arrangement fee
85% LTV 2-year fixed rate Owner Occupied product down 20bps to 5.27%, £999 arrangement fee
90% LTV 2-year fixed rate Owner Occupied product down 20bps to 5.37%, £999 arrangement fee

The range also provides free valuations.

Tony Hall, head of business development at Saffron for Intermediaries, said: “We’re always keeping a close eye on the market, and despite no movement from the Bank of England on the base rate last week, we’re still pleased to be in a position to make these cuts across our Owner Occupied range.”

“Affordability remains a point of concern for both advisers and borrowers, and we know every reduction can make a meaningful difference. However, this is just one part of the support we offer. Brokers regularly turn to us for our flexible criteria, and we’re excited to be expanding this even further next month.”