Saffron relaunches buy-to-let offering and reprices resi rates

Saffron Building Society has relaunched a range of buy-to-let products, including limited company and expat products.

A buy-to-let five-year fixed rate at 75% LTV has been reintroduced at 6.37%.

For limited company buy-to-let, a two-year discounted product at 75% LTV is available at 6.09% and a five-year fix has relaunched at 6.57%.

Two new expat buy-to-let products have also been reintroduced, with a two-year discount product starting at 6.19% and a five-year fix at 6.67%.

In its residential range, Saffron has repriced selected self-employed products, with a two-year fixed rate at 80% LTV now starting from 6.77% and a five-year fix moving to 6.67%.

A two-year discount residential product is now available at 4.99% up to 80% LTV and a retro-fit residential two-year fix has been adjusted to 6.47% at 80% LTV.

Tony Hall, head of business development at Saffron Building Society, commented: “This product reprice and relaunch means that Saffron continues to be able to give choice to our broker partners.

"Product withdrawals and relaunches are a common feature of the mortgage market and with that in mind, I am pleased that we can offer fair and reasonable notice to brokers, and then return with refreshed products swiftly after.”