Retention products are available to existing SBS and Crocus customers only, although the following are not permitted to transfer to a new product:
• Commercial.
• A mortgage loan that has had an Arrears Ratio of greater than 1.0 at any month end in the last 12-months.
• Property let without consent or suspected of having done so.
• Let with consent – these must remortgage onto a Consumer BTL when they reach the end of the product term.
• BTL mortgage that is currently occupied by the borrower with consent – these must remortgage onto a Residential basis when they reach the end of the product term.
• Mortgages that are currently in breach of contract.
• Shared Ownership.
If you have any questions do reach out to the IST team at ist@saffronbs.co.uk or call us on 01799 582925