Saffron raises maximum self-employed LTV to 90%

Saffron For Intermediaries has enhanced its self-employed, first-time buyer and owner-occupied mortgages by raising LTVs and cutting rates.

Related topics:  Mortgages
Rozi Jones
6th June 2017
House key mortgage buy

Self-employed mortgages are now available up to 90% LTV, up from 85% LTV, with just one years’ accounts.

Saffron is offering a five-year fixed product at a discounted rate of 3.99% with a £1,250 arrangement fee.

First-time buyers will also see reductions of up to 30bps to five-year fixed rates, which are now available from 3.67% at 95% LTV with no fee.

For owner-occupiers, rates are now available from 1.15% at 60% LTV, available for purchase or remortgage with £800 cashback.

80% LTV rates are available from 1.25% with a £999 fee.

Anita Arch, Head of Mortgage Sales at Saffron, said: “These enhancements offer significant benefits for most borrowers be they purchasers, remortgaging, first-time buyers or self-employed.

“All mortgage applications will be assessed on their own merits by a skilled underwriter and we guarantee a fast and personal service.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
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.