This exclusive mortgage has a maximum LTV of 80% and the added incentives of refunded valuation fees and free basic legal work on remortgages.
John Eastgate, Saffron’s Sales and Marketing Director, said:
“Reducing the fees on this exclusive Buy-to-Let mortgage will no doubt heighten the attraction of what is already a distinctive product, owing to its 80% maximum LTV.
"Our common-sense attitude to lending allows us to support a wide range of mortgages and we think that our personal underwriting approach differentiates us from the mass market.”
Rob Jupp, Managing Director at Brightstar, said:
“Feedback from our broker partners loved the loan to value at 80%, loved the rent calculation, but felt the completion fee was too high. Our friends from The Saffron listened to our feedback and have made this really positive change."