Saffron Building Society

Saffron Building Society

Phone: +44 0800 072 1100

Next Step Mortgage

Our mortgage team review your circumstances and personal financial situation and will take into account the type of property you are buying. We will consider mortgages not just for standard residential properties but also lending for unusual properties, projects such as self build, property development, bridging and buy-to-let mortgages.
Loan Amount
£30,000 - £500,000
Interest Rate
5.7% APR
Age must be at 21 years old.
This will appeal to those who are not First Time Buyers, want to move up the property ladder yet are stuck by low equity. The changes by Government to help are not due to come in until at least next year and details are awaited – but this offer is available from us now.
You can borrow up to 95% of the purchase price. Your mortgage must be between a minimum of £30,000 and a maximum of £500,000.
You will need a minimum of 5% of the purchase price.
This mortgage remains on the Standard Variable Rate terms for the life of the loan.
At any time during the life of the mortgage, the applied rate will not go below a floor of 3.00%.
There is an arrangement fee of £495 for this mortgage.


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