• 2 Year Discount Rates: 1.49% to 60% LTV, 1.59% to 80% LTV & 2.29% to 90% LTV
• 3 Year Discount Rates: 1.89% to 60% LTV, 1.99% to 70% LTV, 2.19% to 80% LTV & 2.99% to 90% LTV
Rates revert to Saffron’s standard SVR (currently 5.39%) after the discount period has ended
• Arrangement Fee: None
• Incentive: £800 cashback on completion
• Early Repayment Charge: 2% repayable during discount period only
• Loan size: Min £30K, Max £1m to 80% LTV & £500K above 80% LTV
• Portable: Yes
Anita Arch, Head of Mortgage Sales, said: “Remortgaging is on the increase which is great news for brokers, but the sting in the tail with many remortgage products is that they come with hefty up-front fees, which is a disincentive for borrowers.
We not only wanted to offer low rates, but also no arrangement fees and a cashback that, in the majority of cases, will cover the cost of typical valuation and legal fees.
These products make remortgaging easy for both borrowers and brokers and help keep the cost of home ownership as low as possible.”
