The product is available up to 75% LTV and comes with a £1,495 arrangement fee.
Anita Arch, Head of Mortgage Sales, said:
“We’re delighted to be launching this highly competitive 5-year fixed rate deal, which enables borrowers to lock into today’s low interest rates.
“Borrowers will also benefit from Saffron’s individual underwriting which is not dependent on credit scoring and intermediaries will receive a fast and efficient service.”