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 Withdrawal – Expat BTL 5 Year 75% LTV
Due to current market conditions, on Wednesday we will be withdrawing our Expat Buy to Let 75% LTV 5 year product.
To secure the product below, we require a full mortgage application to be submitted with all fees paid by 5pm, Tuesday 27th June 2023. Please submit DIPs by midday to allow our underwriters the time to review any referrals, giving you the best opportunity of reaching the FMA submit stage by 5pm.
The following products will be withdrawn:
How to speed up your case
Our Top 10 tips for a “right first time” application provides a comprehensive guide to help you ensure your application can be progressed as quickly and efficiently as possible for you, and your clients.
Click here to view our guide.
If you would like to discuss a specific case, please contact the Intermediary Support Team. To find out who your BDM is, simply enter the first two characters of your postcode into our website BDM finder.
Mortgage Changes – Saturday 1 July
On Saturday (1st July), we will be making the below changes to our mortgage range. This will see a restaging of our range as well as the reintroduction of BTL, LTD Company BTL and Expat BTL 5 Year Fixes.
Products being withdrawn
