Saffron For Intermediaries launches range with L&G

Nia Williams

October 31, 2013

The deals can be accessed through Legal & General’s ARs, Nouveau firms and other key trading partners.

Highlights from the updated range include no early repayment charges, capital repayment incentive option, and a new expat buy-to-let product.

In addition to this, Saffron will be offering 95% mortgages for both first-time buyers and second steppers, as well as enhancing their criteria, rates and arrangement fees to reduce the cost to borrowers.

Martyn Smith, head of mortgage products, Legal & General Network, said: “We are delighted that Saffron Building Society are back with an excellent new product range to compliment its excellent reputation for common sense underwriting. Making the entire range free of any early repayment charges is a positive move that will be welcomed by Legal & General members who can access these deals directly.

Peter Izard, head of mortgages, Saffron Building Society, said: “We’re delighted to be launching our revamped product range, which has been designed to incentivise responsible borrowing by rewarding capital repayments and by not locking-in borrowers with early repayment charges. We believe there’s something for everyone, whatever their situation may be.”

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