Here is the latest update from the Saffron Building Society. For details see their latest product information here. Lending criteria details are available here. Remember, you can access these products through our direct to lender mortgage club to get the benefits of payment on completion as well as out specialist mortgage support.
Saffron Announcement
We’re pleased to share a series of product enhancements designed to give you more competitive options for your clients. From Wednesday 28th January, we’re updating our product range with:
Expat BTL & HMO BTL – Rate Reductions up to 0.50%
We’ve made substantial rate cuts across our Expat Buy‑to‑Let and HMO BTL ranges, with reductions of up to 0.50%
New! We’re Launching a Large HMO BTL range
We’re expanding our specialist proposition with the introduction of our Large HMO offering – providing more flexibility for professional and portfolio landlords.
Rate Reductions Across Additional Categories
You’ll also see rate reductions across:
- Self‑Employed
- Contractor
- Residential Retentions
- BTL Retentions
To secure a product being withdrawn, we require a full mortgage application to be submitted, with all fees paid, by 5pm on Tuesday 27 January. To allow our underwriters the time to review any referrals, please submit DIP’s by Midday Tuesday. This gives you the best chance of reaching the FMA submit stage by 5pm.
If you have already submitted an application with us and you want to switch to one of these new products, please add a note to the case with details of the new product you wish to change to.
