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Owner Occupied/ Residential - fixed rate mortgages

Fixed rate mortgages for purchase or re-mortgage.

A fixed rate mortgage offers borrowers the peace of mind of a set monthly payment during the term of the mortgage deal.

Our fixed rate mortgages offer competitive rates with all applications being individually assessed by a skilled underwriter giving an efficient and personal service. 

Product Criteria 80% LTV

  • Free Valuation Fees
  • Minimum age 21
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum loan size £100,000
  • Maximum loan size: £3,000,000 up to 80% LTV.

Product Criteria 80% LTV Large Loan

  • Minimum age 21
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum loan size £3,000,000
  • Maximum loan size: £5,000,000 up to 80% LTV.

Product Criteria 90% LTV

  • For joint applications, one applicant must be a previous/current homeowner 
  • Free Valuation Fees
  • Minimum age 21
  • Repayment only
  • Minimum loan size £100,000
  • Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 90% LTV. 

 

Retro Fit 

Product Criteria

  • Free valuation
  • Minimum age 21
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum loan size £100,000
  • Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 85% LTV and £650,000 up to 90% LTV. 
  • Loans over this are priced on a bespoke basis and have restricted LTVs
  • EPC Certificate to be provided at application
  • Energy Improvement Reward available if the EPC band of property is improved – to a minimum of Band E – within 6 months of completion of the mortgage

Energy Improvement Reward (EIR) Criteria 

  • Upon us receiving evidence of the improved EPC rating (to a minimum of Band E), a rate reduction of 0.10% will be applied to the mortgage for the remaining term of the fixed rate period Energy Improvement Reward Criteria 
  • The EPC rating of the property must be improved – to a minimum of E 
  • The energy efficiency improvement works must be completed within 6 months of completion of the mortgage 
  • Evidence of the improved EPC band must be provided upon completion of the works 
  • We recommend that you seek specialist guidance before conducting the works to improve the energy efficiency of your home

Saffron for Intermediaries

Your home may be repossessed if you do not keep up payments on your mortgage