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TODAY'S OTHER NEWS

Saffron announces new fixed rates for owners and FTBs

Saffron For Intermediaries, part of Saffron Building Society, has announced the launch of three new fixed rate deals for homeowners and first-time buyers.

For homeowners, the three-year fixed rate is set at 2.07% up to 80% LTV, while the five-year product is fixed at 2.27%.

Both products have a minimum loan of £30,000 and a maximum of £1 million.

The first-time buyer offering is fixed at 3.97% until June 2020, up to 95% LTV.

The max loan on this product is £500,000, with loans of up to £1 million considered within the M25.

"We’re delighted to be launching these fixed rate deals, which will help both existing homeowners and first-time buyers benefit from the very low rates that are currently available," says Anita Arch, Saffron's head of mortgage sales.

"This is a great time for both homeowners and first time buyers to lock-in their rates while they are so competitively priced.”

For further information, visit: www.saffronforintermediaries.co.uk.

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