Saffron launches expat BTL range

Saffron For Intermediaries has launched five-year fixed rate deals for expats purchasing or remortgaging and for landlords wanting to refurbish properties.

Related topics:  Mortgages
Rozi Jones
22nd February 2017
BTL buy to let sign
"Additional funds can also be released after a satisfactory re-inspection and confirmation of improved end-value and rental income."

 The expat BTL rates start from 4.97% up to 65% LTV, with a 2.5% arrangement fee.

The light refurbishment product has a rate of 4.77% up to 75% LTV and comes with a 2% arrangement fee.

Work must be completed within 3 months of completion.

Anita Arch, Head of Mortgage Sales, said: “Our specialist buy-to-let products not only feature attractive fixed rates, but also accommodating criteria. For example, there are no country restrictions on the expat product and the light refurbishment deal enables landlords to purchase or remortgage property and make alterations before the property is let out.

"Additional funds can also be released after a satisfactory re-inspection and confirmation of improved end-value and rental income.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.