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
Product Changes 23 November 2022
We’re continuing our phased return to the market with the launch of residential fixes and BTL discounts.
Our residential fixes include Owner Occupied up to 90% LTV, Retro Fit and Retirement Interest Only (RIO).
Our BTL discounts include the return of BTL Light Refurb and Expat BTL. All of these products launched this morning, Wednesday 23 November 2022.
Product Type | Initial Rate | Product Term | Max LTV | Arr Fee | Product Code |
Owner Occupied 80% LTV | 5.87% Fixed | 2 Years 31.05.2025 | 80% | £999 | DR1069 |
Owner Occupied 80% LTV | 5.57% Fixed | 5 Years 30.04.2028 | 80% | £999 | DR1070 |
Owner Occupied 90% LTV | 6.17% Fixed | 2 Years 31.05.2025 | 90% | £999 | DR1089 |
Owner Occupied 90% LTV | 5.87% Fixed | 5 Years 30.04.2028 | 90% | £999 | DR1071 |
Retro Fit 80% LTV | 5.87% Fixed | 2 Years 31.05.2025 | 80% | £999 | DR1095 |
RIO POA 50% LTV | 6.37% | 5 Years | 50% | £999 | DR1091 |
RIO | 6.47% | 5 Years | 50% | £999 | DR1092 |
BTL Light Refurb | 3.79% | 2 Years | 75% | 1.50% | DR1040 |
Expat BTL | 5.09% | 2 Years | 75% | £1,995 | DR0799 |