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Saffron Building Society – Lifetime Tracker Mortgage – Direct

Saffron Building Society – Lifetime Tracker Mortgage – Direct

Type: Tracker mortgage

Tracker term: Life of the loan

Tracker rate: 2.48% above the Bank of England base rate

Minimum loan: £50,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed in the tracker period without penalty, available direct

Arrangement fee: £995

Redemption fee: 2% of the amount repaid in the first three years

Introducer’s fee: None




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