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 back in the market – and some extra good news
As you know, we paused accepting most new business to catch up with the strong demand we experienced over the summer. I understand the frustration this has caused and I’m very grateful for the patience you’ve shown the team during this very busy period. Our reputation is based on trust and transparency with brokers, and I promise we’ve taken onboard all your feedback over the last few months.
Today I’m pleased to share three pieces of good news as we enter the final sprint before Christmas:
- Our gradual return to the new business market
- An extension to our Self Build promotion
- Our latest podcast featuring industry legend Ray Boulger
Read on for more details…
We’re back in the market and ready to help you
First and foremost, I can confirm a number of products are now open for new business applications. These include a new 80% LTV Owner Occupier discount product (a great affordable alternative to the high fixed rates in the market), as well as our popular Second Home, Lending into Retirement and RIO products. Full details are on our website.
More products will be relaunched very soon, but we’re taking a deliberate phased approach so we can closely monitor demand and ensure service levels remain stable. As soon as more products are available, we’ll let you know by email.
Self Build – the sale continues
Our Self Build Summer Sale has been amazingly popular, offering no application fee and 50% off the usual product fee. We’re extending this promotional pricing to the end of the year, something which I know will be popular with brokers and their clients alike. Self Build is a great way to broaden your business and tap into a growing market trend, so contact your BDM if you’d like to learn more.