"We’re delighted to be making these products even more competitive, by cutting rates and extending the product terms on several products."
First-time buyers have seen rates cut by up to 0.40%, with products now available from 3.57% at 95% LTV fixed to 31/10/20.
New self-employed and contractor products have seen rate cuts of up to 1%, with 80% LTV rates starting from 2.79% variable for 5 years, and at 3.67% fixed until 31/01/21.
At 80% LTV, arrangement fees have been reduced from £1,250 to £625 and come with no ERCs and unlimited overpayments.
Anita Arch, Head of Mortgage Sales at Saffron, said: “We’re delighted to be making these products even more competitive, by cutting rates and extending the product terms on several products. As well as offering great rates, all applications are assessed on their own merits by a skilled underwriter and we guarantee a fast and personal service.”
