Saffron BS expands partnership with Connect for Intermediaries

Saffron Building Society has expanded its partnership with Connect for Intermediaries, offering expanded access to its range of mortgage products.

Connect's advisers and their clients will now have access to Saffron's suite of products, including:

• Global buy-to-let solutions: Embracing a broad spectrum of countries for first-time buyers and landlords, covering diverse consumer buy-to-let scenarios.
• Tailored build products: Offering flexible options for land & build, knock down & rebuild, renovation, and conversion projects, free from ERCs.
• Entrepreneur-friendly approvals: Extending support to self-employed applicants with up to 90% LTV, acknowledging one year's trading or utilizing the most recent year's income.
• Funding for ambitious ventures: Welcoming larger loan applications on standard terms, providing up to £1 million at 90% LTV and £5 million at 80% LTV.
• Support for property newcomers: Inclusive coverage for first-time buyers and landlords across all buy-to-let products, accommodating various ownership structures.
• Simplified remortgaging: Offering a reduced ICR of 125% at product pay-rate for all pound-for-pound remortgages, regardless of personal tax positions.

Kevin Thomson, sales director at Connect for Intermediaries, commented: "I am thrilled that our members now have access to all of the Saffron Building Society’s products including their packaged products. In a landscape where client needs are evolving and becoming more intricate, having access to lenders servicing all market sectors is crucial. This collaboration with Saffron will provide our network members with an expanded opportunity to meet the diverse needs of their clients."

Tony Hall, head of business development at Saffron for Intermediaries, added: “I am delighted to broaden our relationship with Connect, which now includes supporting both their broker network and packager team. Our broad product proposition is well placed to support meeting the diverse needs of Connect’s clients through our adaptable lending solutions.”